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Long-Established Convenience Store with Off Licence Up for Sale in Stoke-on-Trent

Stoke on Trent, Staffordshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    15/03/24

  • Advert ID

    608317

  • Leasehold: £65,000 (Stock at valuation)
  • Rent: £12,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • New Lease
  • Established Business
  • With Car Park
  • Retirement Sale
  • Free of Tie Leasehold
  • Offers Invited
  • Fully Fitted
  • Small Business
  • Prime Location
  • Attractive Business

Business Details

Convenience Store Off Licence For Sale

A long-established convenience store is up for sale in Stoke-on-Trent, Staffordshire, at a prime location. This thriving business has been operating successfully for over 20 years, demonstrating its ongoing profitability and resilience. The store is situated on a main road, surrounded by a village-like environment, which presents a delightful blend of busy foot traffic and a warm community atmosphere.

The property is nestled amongst a row of other shops and boasts ample parking space. Unlike neighbouring businesses, which are takeaway outlets, this store faces no immediate competition, enabling it to capture a generous share of the local market. The premises are fully fitted and ready for operation, and a long lease of up to 21 years is available, offering ample time to further increase the business’s profitability.

The business is positioned to accommodate extended opening hours, providing room for an increase in turnover. It represents an attractive opportunity for those looking to acquire a small business with an established customer base and strong growth potential. The sale is due to retirement precipitated by the current owner's ill health, hence, a quick and smooth transition is anticipated.

The leasehold price is set at £65,000, but nearest offers are welcome, keeping in view the need for a swift sale. Please message 07894 581284 for more details. This free-of-tie leasehold sale includes the convenience store, fixtures & fittings, CCTV & Social Media Pages making it an inviting package for potential business owners. For further information or to discuss a proposal, please message (available on request)

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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.

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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.

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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.

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Stay Safe

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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