Well-established Premier branded convenience store and off licence, trading from this prime city centre location for over 20 years and under current ownership since 2014. Fully refitted and rebranded in 2023 to the latest Premier format.

Turnover in excess of £450,000 per annum (March 2024 accounts) with a healthy 26% gross profit margin. Adjusted net profits exceed £50,000 per annum, with clear potential to increase to circa £75,000 for hands-on owner-operators by reducing the current wage bill of over £31,000.

Strong additional income from Lottery and PayPoint exceeding £24,000 per annum, anticipated to rise above £25,000 this year.

Modern open-plan shop of approx. 949 sq ft with chilled and frozen foods, off licence, newspapers, magazines, confectionery, sandwiches and more. Fully equipped with EPOS, air conditioning, CCTV and alarm system.

Current opening hours offer scope to extend and further develop the off licence side.

New 8-year lease from 2026 at a competitive rent of £24,000 per annum, assignable to approved purchasers.

Leasehold Price Reduced:
£120,000 plus stock at valuation
Ref: VR453C

Viewing strictly by appointment only. Staff unaware of the sale.