CONFIDENTIAL SALE
SOLD
629048
FPH1017 / Rightbiz
Guide Price: £390,000 ( Negotiable) Stock at Valuation (SAV)
Location: Nuneaton
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Scenario 1: Run the Shop plus Rent Out Rooms (As-Is)
Perfect for an owner-operator looking to run the shop and earn passive income from the residential part.
Shop (approx. 420 sq ft):
• Current turnover: £3,000–£3,500/week
• Previously reached £6,000/week when Uber Eats & Just Eat were used (limited trial)
• Huge potential to grow with delivery apps, full product range, better hours & local marketing
• Option to let out shop for £500–£600/month if you prefer not to run it
Residential (Room Rental Setup):
• 4 bedrooms upstairs
• 1 ground-floor room
• Conservatory/stockroom could become a 6th room
• Potential rent: £450–£500 per room
Rental Income Potential (6 Rooms): £2,700–£3,000/month
Total Income (Monthly):
• Shop run plus Room Rentals: Up to £3,000
• Shop rented plus Room Rentals: £3,200–£3,600
Annual Income Potential: £36,000–£43,200
Gross Yield (on £390k): 9.2%–11%
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Scenario 2: Develop & Maximise Value (Investor/Developer Route)
For developers seeking to add value and boost rental yield (STPP).
Potential Plans:
• Extend shop to over 1,000 sq ft (L-shape layout)
• Retain 5-bedroom rental setup
• Convert rear yard & garage into 3 x 2-bed flats or multiple 1-bed flats (STPP)
Estimated Post-Development Rents:
• Shop (larger): £1,200–£1,500/month
• 5 bedroom rental set up: £2,250–£2,500/month
• Flats: £2,550–£2,700/month
Total Monthly Income: £6,000–£6,700
Annual Rent Potential: £72,000–£80,400
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Projected GDV (Post-Development):
• Flats (3 x 2-bed): £480,000–£510,000
• Extended Shop plus room rentals: £370,000–£420,000
• Total GDV: £850,000–£930,000
• Development Cost Estimate: £220,000–£240,000
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Highlights:
• Freehold
• Large rear plot with development space
• Rear garage access
• Great location: close to a former factory units now occupied by other industries, Nisa & local shops
• Strong rental and resale demand
• Big uplift potential with improved shop operation or redevelopment
. Extended shop will outperform competitors, especially with added delivery options and proximity to other industries occupying the former factory units.
*All figures are estimates and for illustration only. Subject to planning approval. Buyers must carry out their own due diligence.*
Important Notes:
Finder’s Fee Applies Once an offer is accepted
Non-Refundable Deposit Required to secure the purchase
Proof of Funds may be required before an offer is considered
Serious inquiries only. Contact Bal 0n 07399815289 (Fast Property Hub) today for more details.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Freehold Convenience Store with Rental Income & Development Potential - FPH1017 / 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.