Off Licences for sale in Coventry

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S Martin (Feb 2013)
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Leasehold Price: £25,000 Price Reduced
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Business Description
Price has dropped due to the owners decline in health stopping him from running the business to its full potential
Early interest and viewing is highly recommended
Good potential for a new hands on owner
Sale price includes all fixtures and fittings
Well presented and appointed property
Very busy commercial area in Coventry
Scope for further development
Reasonable offers considered
Excellent family business

Business History

Meridian Business Sales are delighted to offer for sale this high turnover off licence which has a solid trading history since the 1990s. Our clients have owned the business since 2004 and are only now placing it onto the market due to their health in decline. The business which is run and managed by our clients could earn with new hands on owners a respectable turnover. They also offer an excellent variety of luxury alcohol and associated fancy goods. The premises are exceptionally well presented throughout with our clients going to considerable expense and effort on the shops presentation which has resulted in a truly inviting retail facility for its customers. The shops opening hours are 6.00pm through to 12.00 pm and it operates a safe customer policy past 11.00 pm with a hatch facility from the main door where customers request goods and are served in a safe and appropriate manner. The property also has an excellent security and CCTV system which monitors throughout the whole property and to the front areas from several angles. A new owner has the option if desired to open additional hours with the chance to open on a Sunday which would inevitably increase the already very high turnover. This is without question an exciting opportunity for an individual or family who is looking for a very well presented and successful business with a solid trading history. Meridian Business Sales urge early interest and viewing of this opportunity as businesses of this calibre rarely stay on the market for long.
Tenure: Leasehold

Accommodation Details:

Exceptionally well presented single storey retail shop breifly comprising: Large front advertising sign, full front electronic security shutters, late night secure serving hatch and central secure front entrance leading to an open plan retail shop with fitted serving and payment counter with large display spaces, cash register, rear large cigarette displays, additional confectionery and snack displays, well presented fitted wall shelving throughout, 4 x large display drinks chillers, 2 x chest ice cream freezers, several free standing displays, fitted glass display cabinet, CCTV system screen within shop, free standing confectionery, snack and card displays. Secure door to private areas with reception corridor accessing two display areas with shelving and racking, door entrance from corridor accessing kitchenette area with worktops, wash basin, fitted cupboards and draws, toilet with wash basin, external access door and 2x large stock rooms with shelving. EXTERNAL - Free of charge communal roadside parking. Rear yard area with car access and high security gated access.

Location Details:

This leasehold off licence is situated just outside the city centre of Coventry which is in West Midlands. The business is located on one of the city's main access roads which has one of the highest footfalls throughout the city. It is situated within a parade of commercial style buildings and has a huge selection of neighbouring retailers, banks, cafes, general convenience stores, national high street retailers and public houses. There is also a large number of close by residential areas which supply the business with a large customer base within a short travelling distance. The business benefits massively from the neighbouring retailers and commercial businesses as it draws shoppers and visitors to the area throughout the year. The off licence also benefits from being situated on a very busy main through road as there is a mass of motorists, public transport users and commuters who pass by on a daily basis. There is communal free of charge roadside parking which is a huge plus and an easy convenience for all. Coventry has become a hugely popular business and residential area due to its excellent shopping facilities, good schools, NHS services, fine housing and friendly local community and benefits from having many attractions and facilities close by including Birmingham International Airport (approximately 10 miles) The National Exhibition Centre (approximately 9 miles) and the Belfry Golf Club (approximately 19 miles) Coventry is ideally situated on the UK motorway network with the M6 being less than 4 miles away making travelling and commuting is very easy.

Leasehold Term:

Leasehold Original length: 25 years Remaining: 10 years Rent: £12,000pa (This is the cheapest in the area

Listed by: Meridian Business Sales Limited
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