Established Off Licence & Convenience Store – Excellent Opportunity

Well-Established Off Licence – £6,000 Weekly Takings – Prime High Street Location

Full description

Mailbox Estates is delighted to offer a fantastic opportunity to acquire a well-established and highly profitable Off Licence located on a high street in Bilston

With an impressive weekly turnover of between £6,000, this is a turnkey business with significant scope for further growth through branding, product range enhancement, and extended services.

This is an ideal acquisition for either a multi-site operator looking to expand or a first-time buyer seeking a solid entry point into the convenience retail sector.

REASON FOR SALE
* After nearly 7 years of successful ownership, our client is now looking to relocate, creating a fantastic opportunity for a new operator to take the reins of this thriving business.

THE OPPORTUNITY
* Same owner since 2019
* Suitable for both experienced operators and first-time buyers
* High Weekly Turnover
* No Business Rates
* ATM & Parcel Pick up services can be added for further revenue

LOCATION
* Positioned on a high street– results in a lot of footfall passing by.

* Well-served by public transport, facilitating easy access for customers and staff.

With high footfall, excellent local amenities, and easy access to surrounding neighbourhoods, this is a prime spot for a convenience store to thrive.

FIXTURES AND FITTINGS
*The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.

EXTERNAL:
Convenient free parking is available for passing trade to the front of the store. Ensuring easy access for customers during peak times and beyond.

Loading and unloading facilities are also available at the front of the store for smooth delivery operations.

TRADING HOURS
* Monday - Saturday 7:00am - 9:00pm
* Sunday 7:00am - 8:00pm

STAFF
* Currently operated by a family team, making it a great hands-on business or an easy addition to a portfolio with minimal staffing needs.

TENURE:
The site is available by way of assignment of the existing lease until 2036 and is renewable.

RENT:
* £11,500 P/A

Business Rates
*Enjoy the advantage of zero rates payable, enhancing the appeal of this opportunity.

TRADING INFORMATION
* Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises.

LEGAL COSTS
* Each party to be responsible for their own legal costs in connection with the sale.
*Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally

DEPOSITS
* Successful Buyer(s) will be required to pay a non-refundable deposit.