Convenience Store for sale

Swan Street, Warwick, Warwickshire, CV34

Offers in Region of £59,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Leasehold
  • Easy to operate
  • Ideal starter business
  • Further potential
  • Prime location
  • Fully fitted
  • Newsagents & Off-licence
  • Established

Full description

Tenure: Leasehold

Leasehold Newsagents & Off-Licence Located In Warwick
News Bill £2,000 PW
Ref 2374

Location
This respected Newsagents is located in the historic town of Warwick which is one of Warwickshire's popular tourist hotspots. It's sits within a prominent and highly visible trading position close to Warwick Castle and large retailers to include Greggs, Savers and Lloyds bank which bring high levels of footfall to the area.

Asking Price: £59,950 plus SAV (£15,000)

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Newsagents which is located in Warwick. The business has been established for over 20 years and has been in the careful hands of our clients for 1 year and is reluctantly being offered for sale due to family commitments. Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Cabin News is owner operated with the help of 2 part time members of staff and has an annual turnover of £381,236 pa net of vat. They retail groceries, stationary, cold drinks, milk, confectionery, newspapers (news bill £2,000 per week, 7 morning rounds), magazines, greeting cards, hardware, medicines, toiletries, tobacco, beers, wines and spirits. Other services include The National Lottery (sales £1,600 per week) and Payzone (sales £15,678 pa). We believe that there is further potential to increase trade by expanding upon the current opening times. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed.

Opening Hours
Monday - Saturday - 6.00am - 6.00pm
Sunday - 6.00am - 2.00pm

Leasehold
Original term: 15 years
Remaining: 10 years
Rent: £13,000 pa
Rates: zero

Ground Floor
Retail comprising: serve over sales counter with cash register, lockable tobacco kiosk, news & magazine shelves, sales & display shelves, stationary section, greeting cards section, ice cream fridge, toiletries area, double door drinks chiller and 2 x 2 door Coca Cola fridges.
Kitchen with sink drainer, office area with CCTV monitor and storage shelves.
Stockroom with shelving.
W/C with wash basin.

The property benefits from CCTV (4 camera system) and an air conditioning unit/hot air blower.






















Nearest stations

  • Warwick (0.5 mi)
  • Warwick Parkway (1.0 mi)
  • Leamington Spa (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Warwick (0.5 mi)
  • Warwick Parkway (1.0 mi)
  • Leamington Spa (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2374. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by VERITAS BUSINESS SALES LTD, Solihull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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