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Property Description

Full description

Tenure: Leasehold

Price has dropped due to the owners decline in health stopping him from running the business to its full potential
Early interest and viewing is highly recommended
Premises would suit numerous businesses
Good potential for a new hands on owner
Well presented and appointed property
Very busy commercial area in Coventry
Scope for further development
Reasonable offers considered
Excellent family business
Offers over asking price

Business History
Meridian Business Sales are delighted to offer for sale this excellent off licence which has a solid trading history since the 1990s. Our clients have owned the business since 2004 and are only now placing it onto the market due to their health in decline. The business which is run and managed by our clients could earn with new hands on owners a respectable turnover. They also offer an excellent variety of luxury alcohol and associated fancy goods. The premises are exceptionally well presented throughout with our clients going to considerable expense and effort on the shops presentation which has resulted in a truly inviting retail facility for its customers. The shops opening hours are 4.00pm through to 12.00 pm, although the business benefits from a late night license, and it operates a safe customer policy past 11.00 pm with a hatch facility from the main door where customers request goods and are served in a safe and appropriate manner. The property also has an excellent security and CCTV system which monitors throughout the whole property and to the front areas from several angles. A new owner has the option if desired to open additional hours with the chance to open on a Sunday which would inevitably increase the turnover. This is without question an exciting opportunity for an individual or family who is looking for a very well presented and successful business with a solid trading history. Meridian Business Sales urge early interest and viewing of this opportunity as businesses of this calibre rarely stay on the market for long.

Original length: 25 years
Remaining: 10 years
Rent: 12,000pa (This is the cheapest in the area)

Street View

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