Convenience Stores for sale in Surbiton

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S Martin (Feb 2013)
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Leasehold Price: £45,000 Price Reduced Annual Turnover: £367,248
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Business Description
• Well established traditional off licence
• Weekly takings average £5,000
• Prominent high street location close to main line train station
• Fantastic business opportunity, viewing highly recommend

An exciting opportunity to acquire a well established traditional off licence which occupies a prime high street location with heavy footfall and commuter train station. Located in affluent Surrey town on the boarders of greater London, the business is well renowned and has a regular customer base. Income in the region of £5,000 per week with genuine potential to increase with additional stock lines. Leasehold ref: 44306

1st Stop Wine Shop has been under the same ownership since 2008 although we have been advised there has been a wine shop or off licence trading from the same premises for many years serving the local community. The business occupies an excellent high street trading position at the top of the high street, within ½ mile of Surbiton train station amongst other independent retailers, national chains and major banks.

The business benefits from a loyal and regular customer base along with passing trade to and from the train station. In our opinion the business would benefit from opening earlier and offering a selection of hot food and filled rolls along with teas and coffee in order to take advantage of the many commuters who pass the shop on daily basis.

Since acquiring the business in 2008 our client has carried out regular maintenance and a refurbishment programme, the shop now benefits from good quality fixtures and fittings throughout along with fully tiled floor. There is however, still the potential for any new owner to increase new stock lines to fully maximize the available floor space and shelving.

This business would ideally suit an owner operator to fully maximize the overall profits and to move the business on to the next level by taking advantage of the customer base built up over many years.

Summary. An exciting opportunity for an experienced operator or individual, looking for a lifestyle change to acquire this traditional off licence, which is well established and has traded from the same spot for many years. The business benefits from a regular and loyal customer base and has genuine potential to increase the profits.

A viewing is therefore highly recommended to fully appreciate the overall opportunity and general location.
Tenure: Leasehold

Listed by: Kings Business Transfer
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