Retail premises for sale in Nottingham, Nottinghamshire NG14

£55,000
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Impressive independent off licence
  • Weekly turnover £7,000, genuine potential, low overheads
  • Prominent trading position, busy main commuter route
  • Fitted to high standard, viewing recommended

Property description

Reference - 46402

Description
This is an excellent opportunity to purchase a thriving off licence, which occupies a prominent trading position within Nottingham, Nottinghamshire.

The store is ideally located on a busy main commuter route within a densely populated area of residential and commercial dwellings, ensuring the business attracts high levels of both regular, local and passing trade throughout the day.

Having operated in the locality for many years, this well-known and heavily relied upon business has forged strong relationships with the community, boasting an extensive and loyal customer base.

The visible shop premises provides a spacious retail space, which is well appointed creating a welcoming environment.

The store is fitted to a high standard throughout with a comprehensive range of quality, modern equipment and fittings with ample refrigeration.

This busy store retails an extensive range of confectionery, tobacco products, traditional beers, wines, spirits, soft drinks and selected groceries.

This store is a successful and lucrative business and would ideally suit an energetic and ambitious hands on operative, who can exploit the genuine scope for future growth and development, which will undoubtedly increase the weekly sales and ultimately enhance the overall profitability.

To fully appreciate this excellent business opportunity, a viewing is highly recommended to avoid disappointment.

Sales
Currently shop sales average £7,000 approximately.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Friday
08:00–22:00
Saturday - Sunday
10:00-22:30

Staff
The business is operated under management with a mixture of full and part time staff members.

Building External
The shop premises offers a spacious ground floor lock up retail space.

Building Internal
The spacious sales area is light and airy, creating a welcoming environment. The business is fitted to a high standard throughout with a comprehensive range of good quality, modern equipment and fittings and ample refrigeration. To the rear there is a stockroom W/C and access to the rear yard.

Residential Accommodation
There is no residential accommodation for owners/management available.

Tenure
We are advised that the property is held on a 10 year lease, which commenced in 2014. The annual rent is £4,800 exclusive (correct as advised on 13/06/18). Rent reviews are at 5 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is an excellent opportunity to purchase a thriving business with terrific potential for future growth and development. To avoid disappointment, a viewing is highly recommended.

Nearby transport

  • Burton Joyce (4.4 miles)
  • Lowdham (4.5 miles)
  • Hucknall (4.5 miles)
  • East Midlands Airport (17.6 miles)
  • Robin Hood Airport (30.2 miles)
  • Humberside Airport (47.8 miles)
  • Hull Ferry Terminal (59.1 miles)
  • West Lynn Ferry Landing (64.7 miles)
  • King's Lynn Ferry Landing (64.8 miles)

Nearby schools

View all schools in Gedling
  • Sir John Sherbrooke Junior School (0.1 miles)
  • Manor Park Infant and Nursery School (0.2 miles)
  • St Wilfrid's CofE Primary School (0.4 miles)
  • Unity Academy (6.4 miles)
  • Channeling Positivity (7.7 miles)
  • Nottingham University Academy of Science and Technology (8.0 miles)
  • Colonel Frank Seely Academy (0.1 miles)
  • Derrymount School (2.5 miles)
  • Redhill Academy (2.9 miles)
Note: Distance is shown as a straight line measurement

Local info for Gedling

About the neighbours in NG14

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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