High-Grossing Sheffield Off License & Convenience Store for Sale near Meersbrook Park
Sheffield, South Yorkshire
- Status
SOLD / WITHDRAWN
- Date Submitted:
30/01/24
- Advert ID
605929
- Reference
590335 / Rightbiz
- Call Agent:
- Leasehold: £119,000
- Turnover: £728,000 (£14,000 Per week)
- Net Profit: Not Applicable
Business Details
Off License & Convenience For Sale in Sheffield
HIGH GROSSING OFF-LICENCE AND CONVENIENCE in Sheffield for Sale.**Last viewing to take place is Thursday 8th February**
Situated in one of the most densely populated areas of Sheffield, a short walk from popular Meersbrook Park, this off-licence and convenience store has traded very successfully here for over 22 years. The owner now wishes to retire, leaving a huge opportunity for new owners to take over a very busy shop with average weekly gross sales of circa £16,000 per week.
THE PREMISES - Recently re-branded with attractive new signage and occupying a large ground floor, corner premises with easy delivery access and plenty of free roadside parking. Level access to open plan sales area. Sales counter with tobacco gantry and lottery point. Full height, long bank of display chillers for dairy and soft drinks. Double bank of ultra-modern frozen goods display chillers. Raised area to wine floor, with wide chilled wine display chiller and shelving. Short step to managers office, goods inwards and storage. Utility areas include staff WC, kitchenette and useable basement for additional storage.
THE BUSINESS - The business is offered by way of a new commercial lease for a length of term to be negotiated with the landlord and at an initial passing rent of £21,000 per annum and rent reviews every third anniversary. The business owner is assisted by a loyal team of six part-time staff. There is an opportunity to extend the opening hours as it currently operates just 7.30am to 8pm and 9am to 7pm on Sundays.
Stock £25,000.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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