International shop in West Cliff (With a flat)

This well-established supermarket, off-licence, and deli presents a fantastic opportunity for a keen investor or owner-operator. Situated on a busy main road in Westcliff, the business benefits from a strong passing trade and an excellent location. The premises, spanning approximately 2,000 square feet, feature a double-fronted design that enhances visibility and accessibility.

The business holds all necessary council approvals for alcohol sales (A3 and Alcohol Licence) and is set up for the sale of hot, ready-to-eat food from its fully equipped commercial kitchen. Currently, the weekly turnover ranges from £3,500 to £5,000, demonstrating a healthy cash flow.

Adding to the appeal, there is a self-contained one-bedroom flat included with the property, which is currently sub-let for £900 per month, providing a reliable source of rental income. The combined annual rent across two leases amounts to £18,600, maintaining competitive rental costs for such a prime location.

As the business is staff-run, it offers significant growth potential for a new owner-operator. However, I have decided to sell as I am unable to manage the shop full-time due to my commitments in East London, which have proven to be unsustainable alongside my other business ventures.

Why Sell?
The decision to sell stems from the challenges of balancing multiple business commitments while not being able to oversee the shop full-time. This distance has made it increasingly difficult to manage effectively and has prompted a reassessment of my priorities.

Employee Structure
Currently, the business employs three staff members who help maintain daily operations, allowing for a smooth running of the shop in the absence of full-time management.

Investment Overview
This international shop in Westcliff is on the market with a leasehold price of £70,000, alongside a current turnover of £200,000. The annual rent remains competitive at £18,600, adding to the overall investment attractiveness.

The site offers a range of benefits that further enhance its appeal:

• On-site accommodation
• Close proximity to local amenities and services
• Convenient location for shoppers in the city centre
• Double fronted premises with a well-thought-out store layout
• Good foot traffic and accessibility
• High turnover potential, ideal for new ownership
• Licenced for off-licence sales, catering to a diverse customer base
• Low operational costs attractive to investors and entrepreneurs

For those interested in viewing the business, arrangements can be made during the week or on weekends with a few days’ notice, ensuring a flexible approach to exploring this exciting opportunity.