Thriving Convenience Store & Off-Licence with Strong Turnover and Accommodation
Recently refitted convenience store with alcohol licence, 700 sq ft retail space, substantial basement storage, and self-contained two-bedroom flat generating £5,760 annual rental income. Turnkey operation achieving £234,000 annual turnover with 22% gross margins.
£234,000
Revenue
22%
Profit Margin
£54,500
Asking Price
This recently refitted convenience store with alcohol licence presents a turnkey retail opportunity in a busy neighbourhood location. Reopened in 2024 following comprehensive modernisation, the business combines a double-fronted retail unit, substantial basement storage, and a self-contained two-bedroom flat generating supplementary rental income. The store offers an established convenience retail operation with off-licence capabilities, positioned to serve a loyal local customer base with consistent daily footfall.
Business Overview
What makes this business stand out.
- £234,000 annual turnover with 22% gross profit margins
- Recently refitted and reopened in 2024 - turnkey operation
- Double-fronted 700 sq ft retail space plus 700 sq ft basement storage
- Alcohol licence with established off-licence trade
- Self-contained two-bedroom flat generating £5,760 annual rental income
- Comprehensive refrigeration capacity and modern fixtures throughout
- Advanced security: electric roller shutters and nine-camera CCTV system
- Flexible acquisition: Leasehold £54,500 or Freehold £320,000
- Consistent local footfall and established customer base
- Multiple growth opportunities: extended hours, delivery platforms, lottery terminal
Financial Overview
Key financial metrics for this business at a glance.
Business Details
Location, size, and general business specifications.
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