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24 Hour Off License for Sale in Nottingham with Community Ties

Nottingham, Nottinghamshire
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24 hour off license for sale Nottingham 24 hour off license for sale Nottingham 24 hour off license for sale Nottingham 24 hour off license for sale Nottingham 24 hour off license for sale Nottingham 24 hour off license for sale Nottingham
  • Status

    FOR SALE

  • Advert ID

    645196

  • Leasehold: £135,000 (Stock at valuation)
  • Rent: £30,000 (£2,500 per month)
  • Turnover: £480,000 (£9,231 per week)
  • Profit: On request

Key Features

  • Disclaimer on financial information provided
  • Established community presence
  • Established online presence
  • Exclusive alcohol licensing rights

Business Details

24 hour off license for sale Nottingham

Discover an enticing opportunity to acquire a well-established 24-hour off-licence in Nottingham, perfectly positioned to serve both locals and students. Nestled within a bustling community and surrounded by a significant number of student accommodations, this liquor store has successfully catered to its clientele for two years, boasting a built-in service hatch for convenience and efficiency.

The store is equipped with state-of-the-art facilities, including modern refrigeration units, an advanced alarm system, comprehensive surveillance via CCTV, and well-organised shelving that enhances the shopping experience. The inviting interior fosters a clean and welcoming atmosphere, making it an appealing destination for customers.

Additionally, the off-licence offers a diverse range of products. Customers can select from an extensive selection of alcoholic beverages, such as wines, spirits, and ready-to-drink options, alongside a variety of non-alcoholic drinks to ensure broad appeal. The well-maintained display units contribute positively to product presentation, further attracting patrons.

Key Business Features

This off-licence benefits from several competitive advantages:

  • Strong community presence and an established online footprint, enhancing its visibility.
  • Exclusive rights to sell alcohol, with the added benefit of non-alcoholic options for varied customer preferences.
  • Minimal competition in the area, ensuring a steady flow of business.
  • Stable turnover of £480,000, showing positive growth over the past year.
  • Flexible lease terms, with an annual rent of £30,000, and a negotiable asking price on the leasehold.
  • Additional features like night service hatch options and on-site delivery services, further enhancing customer convenience.

With two employees in place and a commitment to providing training for new owners, this venture is ideal for those looking to step into a thriving business environment. The well-organised layout and storage area streamline operations, while the store's operational hours are adaptable to meet customer needs.

This sale comes as a result of a family bereavement, presenting a unique opportunity for individuals or investors seeking a reliable, community-focused business with the potential for further growth. The store’s advantageous location in a high-footfall area ensures continued patronage from both local residents and students alike.

Viewing of this business is available by appointment only, allowing serious buyers to appreciate the full potential of this thriving off-licence.

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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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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.

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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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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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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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