Business for Sale in Coventry, Warwickshire - OFF LICENCE WITH ACCOMMODATION - COVENTRY - Leasehold: £29,950

Key Information

Ref
OL34278Q0
Type
Retail Businesses: Off Licences
Location
England: Warwickshire
Tenure
Leasehold
Status
For Sale
Accommodation
1 Bedrooms
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We are delighted to offer this well-established Off Licence enjoying a corner frontage in this busy suburban parade. The business has been established since 2007 and offers an excellent variety of beers, wines and spirits. This a genuine reason for sale as the current owner wishes to retire.

THE BUSINESS ITSELF

Well established off licence enjoying a corner frontage in this busy suburban parade. The business has been established since 2007 and the current owner has it well stocked to include an excellent variety of beers wines and spirits as well as a small selection of confectionery. In addition to this, the vendor is also a UPS agent which brings in a further monthly income in the region of £180.00 per month. Although the business has grown over the years and has many regular customers, no delivery service is being offered so this is an untapped earning potential for the new owner. The business lends itself to other earnings growth by converting the rear garden area and small front paved area to a seating area for customers to sit and consume beverages subject to licence change.

The premises also come with a first floor flat (accessed independently) which is currently let out to a long-term tenant at a favourable rent of £470.00 per month.

The business can be run either as an owner occupier or management run or a mix of both if required.

LOCATION

Earlsdon Street in Coventry is in the West Midlands regions of the UK. This highly regarded suburban area has good rail links with Canley and Coventry stations both within 1 mile of the premises as well as excellent road links with access to ring road and major motorway links.The road itself is mixture of residential and commercial businesses which is beneficial to business owners due to potential local regular trade.

ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

Glazed Panelled door to:

Shop Area:
An excellent shop floor area which is extensively stocked with a variety of beers, wines and spirits, extensive floor and wall shelving, central wine display units, a range of chiller units and wall racks for confectionery. To the rear of the shop area there is a serving area with freestanding tambour unit, housing tobacco and spirits. Parquet wood flooring, spotlights and door to:

Rear Store Rooms:
Useful store rooms with office, kitchen area, door to WC and door to:

Rear Access:
With access to first floor flat which we were unable to gain access to at the time of the appointment but have been advised it is currently let to a long-term tenant at a favourable rent of £470.00 per month.

Garden area, which could be converted to seating area so customers can consume beverages subject to a licence change application. Outside storage shed and gated access.

Copyright © EM & F Group Limited 2019 - Company No: 03035561 - VAT: 631 4000 02