Convenience Store and Off Licence for Sale in Nottingham with Two Flats Included
Nottingham, Nottinghamshire
- Status
FOR SALE
- Advert ID
658129
- Leasehold: £260,000
- Rent: £24,000 (£2,000 per month)
- Turnover: £588,000 (£11,308 per week)
- Profit: On request
Key Features
- Business stability and security
- Cash and card payment options
- Cash buyers preferred for purchase
- Effective security system installed
Business Details
Busy Convenience Store & Off Licence Business for Sale in Nottingham
BUSY CONVENIENCE STORE & OFF LICENCE WITH TWO 2-BEDROOM FLATS – PRIME SHOPPING CENTRE LOCATION – £260,000
Clifton Market presents an excellent opportunity to acquire a well-positioned convenience store and off licence together with two separate two-bedroom residential flats above the commercial premises. The business is situated within a busy shopping centre in Nottingham, benefiting from strong daily footfall and excellent visibility.
The property enjoys a particularly convenient location, with bus and tram stops directly outside the premises. The surrounding shopping centre includes established and well-known businesses such as Greggs, Boots, a sweet shop and many other retailers and local services, helping to generate regular passing trade throughout the day.
The store offers a broad range of everyday products, including groceries, chilled drinks, snacks, confectionery, tobacco, alcohol and vaping products. The business also benefits from an established key-cutting service, providing an additional income stream with further potential as the service develops and the remaining key-cutting stock and orders are fully established.
The sale includes the fixtures, fittings and commercial equipment, including retail shelving, display units, refrigeration equipment, EPOS system, counters and a comprehensive 16-camera CCTV security system. There is also an in-store audio system for music, creating a modern and welcoming retail environment.
A major additional feature of the property is the two separate two-bedroom flats located above the commercial premises. Subject to the appropriate rental arrangements and market conditions, the two flats have the potential to generate approximately £1,600 per month in combined rental income.
The current business rates are approximately £770 per month.
The business currently operates:
- Monday–Thursday: 5:00am–11:00pm
- Friday–Saturday: 5:00am–12:00am
- Sunday: 6:00am–11:00pm
There are currently four employees.
The asking price is £260,000 and is open to negotiation. The sale represents an opportunity to acquire an operating convenience store and off licence with established facilities, additional key-cutting income potential and two residential flats offering further rental potential.
Early enquiries and viewings are welcomed.
The business was established approximately five months ago and has already developed a regular customer base, with significant potential for further growth as the business continues to establish itself.
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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.
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.
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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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