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Retail premises for sale

£35,000

Allenton DE24, UK

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Property description

Ref 5791 – Leasehold Off Licence
Blacks Brokers are proud to bring to the market this leasehold off licence located in the much sought-after area of Allenton, Derbyshire.


Introduction


Bargain Booze Allenton has been trading here on Osmaston Road for 25 years, with our client in ownership for 14 years. The business has built up a large and loyal customer base and has very much become part of the local community with an excellent reputation established.


Location


Situated on a popular main road close to a large, busy junction, the business is well positioned for much passing trade, in addition to many local residential properties bringing year-round trade. The area is popular with both residents and other local shops and businesses. The shop is close to a well-used bus stop and free parking is available outside the shop.


Reason for sale


Bargain Booze Allenton is only being offered for sale as our client has other business commitments and is looking towards a semi-retirement.


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. There will be a new lease being offered to a new owner.


Building layout and design


The business is housed within the ground floor of a large, single fronted retail unit with bold Bargain Booze signage and branding on display and special offers advertised within the glazed frontage and secure metal shutters. Inside, the shop is presented to a good standard, with stock displayed on wall shelving and central gondolas with modern lighting and flooring throughout. A large, approx. 230-foot storeroom is positioned to the rear of the retail space with separate toilet and staff kitchen.
On the first floor is a self-contained, two bedroom accommodation. This is currently rented out at a cost of £370 per calendar month.


Staff


The business is currently operating with three, part-time members of staff in addition to our client working on a part-time basis completing admin tasks.


Financial details


Financial details are available upon a viewing of the business and Bargain Booze Allenton has traded solidly over its trading history. The business generates weekly takings of £8,250 including Lottery and Payzone with gross profits of 13% on a consistent basis.


Summary


This leasehold business brings consistent weekly takings from multiple income streams including Lottery and Payzone and offers a new owner a superb opportunity to acquire a long-established and well-known business with a strong customer base and good reputation. There is plenty of scope to develop the business further and there are even more income opportunities through the addition of a new “live-in” owner-operator who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £35,000.

Please quote ref: 5791

What Zoopla users think of Allenton

Overall rating:

  • currently 3.5 stars
Good - 67% (26 ratings)

Ratings breakdown:

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Nearby transport

  • Peartree (1.0 mile)
  • Derby (1.8 miles)
  • Spondon (2.2 miles)
  • East Midlands Airport (6.6 miles)
  • Birmingham International Airport (32.7 miles)
  • Coventry Airport (36.1 miles)
  • Liverpool Pier Head Ferry Terminal (73.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (73.4 miles)
  • Woodside Birkenhead Ferry Terminal (73.5 miles)

Nearby schools

View all schools in Derby
  • Allenton Primary School (0.2 miles)
  • Landau Forte Academy Moorhead (0.4 miles)
  • Osmaston Primary School (0.5 miles)
  • Derby Manufacturing UTC (1.6 miles)
  • Derby College (1.8 miles)
  • Repton School (5.5 miles)
  • Merrill Academy (0.4 miles)
  • Noel-Baker Academy (0.8 miles)
  • St Martins School (0.8 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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