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Off licence shop with 2-bedroom flat for sale in Kettering Northamptonshire

Kettering, Northamptonshire
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A off licence shop with 2 bedrooms flat for sale in kettering, Northamptonshire Photo 1
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A off licence shop with 2 bedrooms flat for sale in kettering, Northamptonshire Photo 4
A off licence shop with 2 bedrooms flat for sale in kettering, Northamptonshire Photo 5
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A off licence shop with 2 bedrooms flat for sale in kettering, NorthamptonshireA off licence shop with 2 bedrooms flat for sale in kettering, NorthamptonshireA off licence shop with 2 bedrooms flat for sale in kettering, NorthamptonshireA off licence shop with 2 bedrooms flat for sale in kettering, NorthamptonshireA off licence shop with 2 bedrooms flat for sale in kettering, NorthamptonshireA off licence shop with 2 bedrooms flat for sale in kettering, NorthamptonshireA off licence shop with 2 bedrooms flat for sale in kettering, NorthamptonshireA off licence shop with 2 bedrooms flat for sale in kettering, NorthamptonshireA off licence shop with 2 bedrooms flat for sale in kettering, NorthamptonshireA off licence shop with 2 bedrooms flat for sale in kettering, Northamptonshire
  • Status

    FOR SALE

  • Advert ID

    646169

  • Leasehold: £60,000 (Stock at valuation)
  • Rent: £10,200 (£850 per month)
  • Turnover: £225,000 (£4,327 per week)
  • Profit: On request

Key Features

  • Accommodation availability
  • Living accommodation included
  • Long lease available
  • Alcohol sales licence

Business Details

A off licence shop with 2 bedrooms flat for sale in kettering, Northamptonshire

Located in Kettering, Northamptonshire, this well-established off-licence retail store has been a staple of the community for over 20 years. Licensed to sell alcohol for consumption off the premises, the shop functions primarily as a convenience store, offering a range of products that include newspapers, magazines, beers, wines, spirits, tobacco, snacks, and essential groceries. The business enjoys extended evening hours, catering to the local population's needs with convenient access to vital goods.

Having been owned for 15 years, the current owner has successfully developed a strong community presence. This residential area is home to a nearby school, which helps attract customers from the local neighbourhood. Although competition exists with a larger shop, akin to a Nisa Local, the store’s unique offerings and familiarity with local patrons set it apart in the market.

The business has demonstrated consistent growth, showcasing an increase in turnover over the past year, and the ongoing development potential of the premises suggests exciting future prospects. With the owner-operated management style, customers receive personal service that fosters loyalty and community engagement.

When considering a purchase, investors will find several appealing attributes associated with this business. Notably, the sale includes fixtures and fittings, alongside the alcohol sales licence. The shop occupies approximately 650 square feet and features both back office and storage space, as well as basement storage that offers further development opportunities. Furthermore, the business operates from a busy corner shop location, strategically positioned in a bustling residential area, which enhances foot traffic.

Key Business Features

The store offers exceptional facilities, including:

  • Accommodation availability, contributing to the potential for living on-site
  • A long lease, ensuring stability for prospective buyers
  • A well-stocked product inventory that meets diverse customer needs
  • Business rates currently at zero, alongside eligibility for business rates relief
  • Viewing of the business is strictly by appointment only, allowing interested parties to assess the premises thoroughly

Finally, the current owner is open to providing training opportunities for the new owners, ensuring a smooth transition in operations. This well-equipped off-licence presents a compelling opportunity for entrepreneurs looking to invest in a thriving local business.

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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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