Convenience Stores for sale in Sheffield

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Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £145,999 Price Reduced Annual Turnover: £150,000 Annual Net Profit: £23,000
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Business Description

Intelligent Business Transfer are delighted to bring this efficient and well visited off licence to the market that trades within a deceptively large freehold unit in the south of the city of Sheffield in South Yorkshire.

The business is very well stocked overall for an off licence and offers a full range of produce that is favoured by its surrounding population that has a strong student build up. The weekly sales for the business average at around £3,000 per week whilst there is potential to grow these by increasing the opening hours and further services.

The building that the business trades from is deceptively spacious in size and would be ideal for family accommodation over three floors. The shop floor is highly efficient and is well stocked with a range that focuses mainly of wines and beers that ranges from craft bottles through to draught ale that is facilitated with two permanent hand pulled beer pumps that generate the traditional feel for the business.

The business is held on a very long lease with over 100 years left, the rent is only £1.50 a year and this has not yet been collected for 18 years. If this was to be collected then only 4 years worth is payable.

There is huge potential for development in the services area for the business. The large lock up unit is large enough to facilitate a greater stock holding as well as complimenting services for retail. Areas for immediate growth could be Newspaper sales, Paypoint and Lotto. This would double turnover and fill a local need in the market.
Tenure: Leasehold

Listed by: Intelligent Business Transfer
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