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Profitable Off Licence & Convenience Store with Extended Hours in Coventry Up for Sale

Coventry, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Advert ID

    623727

  • Leasehold: Price on Application
  • Rent: £6,300
  • Turnover: £364,000 (£7,000 Per week)
  • Net Profit: Not Applicable

Key Features

  • Offers Invited
  • Close to Local Amenities
  • Fully Fitted

Business Details

Off Licence & convenience store for Sale in Coventry

The Off Licence & Convenience Store in Coventry is a thriving business ready for a new owner. With its fully repaired infrastructure, it serves a dedicated base of regular local customers, ensuring its continued success as a retail outlet. This store's excellent condition makes it an attractive opportunity for prospective buyers.

The retail space is practically organized into two distinct sections. The front part accommodates customer interactions and transactions, while the back room serves as a warehouse, providing ample storage space for inventory. This thoughtful layout contributes to the store's operational efficiency.

Additional amenities include a kitchen and bathroom, enhancing the property's overall appeal and practicality. Operating hours are extended from 8:00 a.m. to 11:00 p.m., maximizing customer convenience and business potential.

The business is now for sale as the current owner is set to pursue a new venture. A notable feature of this offer is that training will be provided to the new owners to ensure a smooth transition.

This leasehold business opportunity is available with an asking price upon request, while the current turnover stands at £364,000 annually. The annual rent is set at £6,300, with all stock included in the purchase price.

Located close to local amenities and fully fitted, this store welcomes offers from interested parties looking to invest in a profitable business with a strong community presence.

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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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