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Convenience off licence for sale in Bognor Regis, Wine Castle in Felpham Village

Bognor Regis, West Sussex
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  • Status

    FOR SALE

  • Advert ID

    633367

  • Leasehold: £35,000 (Stock at valuation)
  • Rent: £9,720 (£810 per month)
  • Turnover: £260,000 (£5,000 per week)
  • Profit: On request

Key Features

  • Established Business

Business Details

Convenience off licence sale south England

Business for Sale: Wine Castle Off-Licence Shop – Bognor Regis (Felpham Village)

If you are looking for an exciting investment opportunity, Wine Castle, a well-established off-licence shop, is now available for sale. This medium-sized business presents significant potential for growth and features a prime location in the charming Felpham Village, adjacent to Butlins and a short stroll from Bognor Regis railway station.

Key Features

  • Weekly Turnover: Currently generating £5,000 per week, with the potential to increase to £8,000-£9,000 during the summertime. The business can also expand through the addition of features like Lottery services, PayPoint, and grocery sales.
  • Prime Location: Conveniently situated in a friendly village atmosphere, just an 8-minute walk from the seaside, providing a steady flow of customers.
  • Convenient Transport Links: A bus stop located directly outside the shop enhances accessibility for customers.
  • Parking: Ample parking spaces are available directly opposite the shop, making visits more convenient for customers.
  • Nearby Amenities: Close proximity to Arun Retail Park and various shopping facilities fosters foot traffic and customer visits.

This opportunity not only offers a stable income but also a chance to expand and enhance profitability in a high-footfall area. It is ideal for both those looking to expand an existing portfolio and first-time entrepreneurs seeking to start a new venture.

Additional Business Highlights

  • Extensive selection of alcoholic beverages, including wines, beers, and spirits.
  • Well-stocked aisles featuring snacks, soft drinks, and other convenience items.
  • A modern and tidy interior layout with ample lighting for easy navigation.
  • Established customer base with significant growth potential in the local market.
  • Enhanced security measures, including CCTV, for added safety.

For those interested in taking over this established business, the leasehold price is £63,000 with an annual rent of £9,720, while the current turnover stands at £260,000. Don't miss out on this rare chance to own a thriving business in a prime location.

Contact us now to discuss further details and seize this exceptional opportunity!

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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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