Leasehold Convenience Store Located In Bulkington

Leasehold Convenience Store Located In Bulkington
Off Licence & Newsagents
Low Overheads
Ref 3053

Asking Price £49,950 plus SAV (£4,000)

Location
This unopposed Off Licence, Groceries & Newsagents is located in Bulkington. Situated on a busy junction and within a prominent and highly visible trading position, set back on a slip road within a small parade of shops to include a fish & chip takeaway and barbers shop. Next door you have the New Inn public house and adjacent is a doctors surgery. Bulkington is a large village located a few miles from Bedworth and has two schools, St James Church of England Junior School and Arden Forest Infant School. The village is served by four churches, St James’ Parish Church, Our Lady of the Sacred Heart Catholic Church, Ryton Methodist Church and Bulkington Congregational Church. There is also a shopping centre and a variety of clubs and societies.

Business Description
Veritas Business Sales offer to the market this established Convenience Store which is located in Bulkington. The business has been trading for over 30 years and has been in the careful hands of the current owner for the past 7 ½ years. They are now offering the business for sale to concentrate on their other business interests.
Since ownership they have kept the property in good repair and the equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Store is overseen by the owner but operated daily by 1 full time and 2 part time members of staff and has a weekly turnover of between £4,500-£5,000. They retail newspapers, dairy products, beers, wines, spirits, cold drinks, hot drinks, sandwiches, confectionery, groceries, greeting cards, tobacco products and disposable vapes.
We believe that is further potential to increase trade by having an owner operator at the helm along with increasing product lines and maybe extending the opening times. This is a great opportunity to purchase a turnkey business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Saturday – 08:00 – 21:00
Sunday – 08:00 – 15:00

Leasehold
Term: 10 years
Remaining: 3 years
Rent: £5,000 pa
Reviewed: 3 yearly
Rates: zero

Ground Floor
Retail sales area comprising: sales counter with EPOS till system, tobacco kiosk, 2 x 3 door drinks fridges, sales & display shelves, news/magazine display shelves, ice cream freezer, dual flavour slush puppie machine, worktop with base units, bean to cup coffee machine and ceiling mounted CCTV monitor (6 cameras).
Small kitchen with sink drainer, base units, wall mounted soap dispenser, wall mounted paper towel dispenser, CCTV monitor and water heater (Triton).
W/C with wash basin.
The premises benefits from electric roller shutters to the frontage

External
Small rear yard with bin area. Rear shared service road. Storage cupboard for newspaper drop. Frontage with lockable storage unit for coal & log storage. Small customer car park to the frontage.