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Nuneaton Offlicence Convenience Store For Sale - Growth and Diversification Potential

Nuneaton, Warwickshire

CONFIDENTIAL SALE

  • Leasehold: £95,000 (Stock at valuation)
  • Rent: £12,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Established Business
  • Prime Location
  • New Lease

Business Details

Nuneaton Offlicence, Convenience store for sale with potential to grow

Leasehold Price: £95,000 plus Stock at Valuation (SAV) 

Location: Residential area in Nuneaton

Business Potential: Potential to achieve £10,000 or more in weekly turnover 

Opening Hours: 10 am-9 pm

Current Financials:

Weekly Turnover: £7,500

Lottery Sales: £1,500 per week

PayPoint Sales: £500 per week

Shop Rent: £1,000 per month

No rates applicable

Amazon Locker income £1500 plus pa

Lease Details:

Renewable Lease with 4 years remaining

New lease available

Accommodation:

2-bedroom flat available separately through the landlord

Rent for the flat: £700 per month

Additional Potential for Growth:

Newspapers can be added

Indian curries can be introduced

Coffee machine installation

Expansion of frozen food lines

Low Overheads

Extend opening hours

 

The store's prime location in a residential area, combined with its current performance and potential for growth, makes it an attractive business. With low overheads and the possibility of diversifying the product offerings, this business holds significant potential for the right buyer.

For further details or to arrange a viewing, please contact Bal on 07399815289. A finder's fee applies once your offer is accepted and before you put down a 10% non-refundable deposit.

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Listing Statistics

Contact the seller for more details, or book a viewing

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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.

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

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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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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.'.

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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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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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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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The data showed regarding this advert 'Nuneaton Offlicence, Convenience store for sale with potential to grow - FPH 1013 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.