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Profitable Off-License & Convenience Store with Modern Refit in Reading Berkshire For Sale

Reading, Berkshire
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Well Established Off-License & Convenience Store For SaleWell Established Off-License & Convenience Store For SaleWell Established Off-License & Convenience Store For SaleWell Established Off-License & Convenience Store For Sale
  • Leasehold: £79,995
  • Turnover: £220,000 (£4,231 Per week)
  • Net Profit: Not Applicable

Business Details

Well Established Off License & Convenience Store For Sale

Business
Please quote reference B08361

CoGoGo presents a rare opportunity to own a profitable, fully kitted-out Premier-branded off-license and convenience store in the bustling area of Caversham Road, Reading.

This established business has been under the current owner's management for just one year, and during this period, it has undergone a complete modern refit, leaving it in top condition for a new owner.

Premier Caversham Road Stores is strategically located in a highly visible area known for heavy foot traffic and significant passing trade, attracting residents and visitors.

Product Range & Offerings

This convenience store caters to a wide range of customer needs with a well-curated selection of products, including:

  • Alcohol (licensed from 8 am to 11 pm
  • Tobacco Products
  • Beers and Spirits
  • Groceries and Store-brand essentials
  • Soft drinks and Snacks
  • Phone Accessories
In addition to in-store sales, the business also offers an online delivery option through Deliveroo, expanding its reach and accessibility to the community.

 

 

Financial Overview:

  • Stock At Valuation (SAV): Approximately £15,000
  • Assets: Valued at £50,000
This off-license offers a great return on investment with plenty of potential for further growth, particularly for a hands-on owner looking to drive community relationships or expand product offerings. Whether you're an experienced investor or a new entrant to the industry, Caversham Road Stores is a unique opportunity not to be missed.

Secure your chance to own this profitable and conveniently located business in Reading. Contact us today to learn more about this exceptional off-license for sale.

 

 



Location
The area's footfall and prominent position drive consistent customer traffic throughout the day, creating a solid foundation for a profitable business.



Premises
Caversham Road Stores occupies a charming, single-fronted premises with eye-catching signage that draws the attention of passersby. The bold, inviting display adds to its appeal, making it a standout spot in the area.



Tenure
This opportunity is being sold on a Leasehold basis with a 20-year lease in place (5-year break clause).

The current rent is £1,450 per month.



Hours
The current operating hours are:

Monday to Sunday - 6:00 am to 11:00 pm

Alcohol license runs from 8:00 am to 11:00 pm



Staff
This business is run and managed by our client with the help of 1 client.



Financial Profile
This business generated a turnover of £220,000. Full financials can be made available upon further request.



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Listing Statistics

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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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