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Leasehold Off-Licence in Weston Super Mare - Urgent Sale, Offers Accepted

Weston super Mare, Somerset
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  • Status

    FOR SALE

  • Date Submitted:

    05/01/23

  • Advert ID

    505900

  • Leasehold: £70,000 (Stock at valuation)
  • Rent: £36,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Prime Location
  • Close to Local Amenities
  • Fully Fitted
  • Town Centre location
  • Price Further Reduced
  • Incentives May Be Available
  • Accounts Available
  • Small Business
  • Potential for Alternative Use

Business Details

Leasehold Convenience off licence for sale offer accepted

Urgent Sale Required (Happy to accept offers due to physical issue)

Very well-fitted convenience off-licence store situated on Alexandra Parade, occupying a prominent trading position in a densely populated residential town area of Weston-Super-Mare. The shop is also surrounded by other commercial properties and businesses. Reluctant to sale but genuine reason to sell due to health reasons. (This sale is for Retail store only, Post office is not included and will be run under separate entity).

Extremely Great opportunity to acquire a newly opened (31st Oct 2022) premier convenience store. (Previously shop was trading as Budgens and had been shut for two years due to COVID/Lockdown/Staffing issue via Previous owners).

Store is located within a busy post office and surrounded by other local businesses and passing trade Store is also benefiting from Big Bus terminal across the road.

Shop taking has grown to 5K week within 8th week after opening and growing week on week. We can provide sales data to date for serious buyers. Upon our purchase we had given figures without alcohol licence was 15,000 a week(Store has given us healthy sign that supports previous sales figures given to us). More information can be provided on request.

Store has wooden flooring and LED fitted celling for energy savings.

This Premier convenience store offering an extensive range of chilled food, soft drinks and alcohol(Licence has been granted with no objections). The range also includes confectionery, groceries, bread and cakes, frozen food, health and beauty, household, pet food and tobacco and Vapes.

All trade fixtures and fittings are included as part of the sale, Fridge, Freezers and Wall'S three tier ice cream freezer which will serve your customers well during summer months (very busy months). All the chillers are running via App where you can choose them to turn on and off or keep them on schedule to keep energy bills down.

We have teamed up with COSTA and got their latest available vending machine in market which provides hot and cold drinks adds an extra business (still under review so if not needed can be removed, currently we are doing avg 8-10cups a day).

Shop also benefits on-street parking (Paid) available at the front of the store.

The business currently trades under the Premier banner and is presented to a really high standard. It is heavily relied upon by the local community, passing trade and is in a strong trading position with current post office footfall. Store can be introduced with Photocopying and printing service as post office do not provide this service, Also, Slush machine and Ice cream machine can be added during season to boost up business to any season.

This store is currently being operated and run completely by Three member of staff, one full time two part time and with help of current lease holder. Incoming purchaser has no obligation to take on any staffs aboard under TUPE, you can arrange your own or use current Manager and/or part time staff.

Shop currently Trades between: Sunday to Thursday : 7AM-10PM Fri-Sat : 7AM-11PM

This Venture is sub-Lease business to the market with rent and rates(including in rent) at £36,000 per Year, five Year Rent review, with three years Break Clause.

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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