Convenience Store and Off Licence Billingham Cleveland

Price:

Leasehold - £110,950

Seller Ref:

0565

Location:

Cleveland, Billingham

Business Type:

Retail businesses

See Other:

Off licences for sale in Cleveland
Convenience stores for sale in Cleveland
Retail businesses for sale in Cleveland

Description:

THE BUSINESS:

Intelligent Business Transfer are delighted to offer to the market this oustanding off license and general store.

The business has been established for over 50 years and has been in the current owners hands for over 12 years in total.

The business is primarily and off license and small general store selling a variety of confectionary, toiletries as well as groceries.

The business is well positioned along a well known and popular shopping parade being close to a chemist and sandwich bar.

The local area provides much of the businesses custom with a large number of regular clients who use the business on a regular basis.

The business is neatly fitted including CCTV and Air Conditioning, however it would benefit hugely from becoming a branded store and having a modern refurbishment.

Any new purchaser may also wish to introduce lottery as well as expand opening times past 8pm.

The business benefits from high gross profits and low overheads which ensure the business runs at a very healthy net profit each year.

The business has been reluctantly put up for sale due to a genuine retirement.

It is believed the business would be ideal for a partnership or couple who can grow the already solid business foundations and develop the business into a much larger operation.

Viewing is advised.