Business for Sale in Ilkeston, Derbyshire Profitable Convenience Store with Accommodation in Derbyshire

Key Information

Reference

G35678G

Tenure

Freehold, Leasehold

Status

Under Offer

Region

Derbyshire

Sector

Convenience Stores

Weekly Sales

£6,500.00 Inc. VAT

Rent Payable

Initial rent of £14,400 pa (Rent review in 2 years)

Business Rates

NIL (Small business rates relief)

Accommodation

Self contained flat

Business Information

EMF welcomes to the market a well-established, community-favoured convenience store and off-licence in the heart of a densely populated Derbyshire village is now on the market.

This promising business offers an extensive range of products including groceries, tobacco, beer, wines and spirits, and household essentials, alongside a food-to-go service and a popular coffee machine. Additional services such as parcel delivery, paypoint, and Lotto generate a steady stream of commission income, further boosting profitability.

Strategically located in a residential area with no immediate competition, this store enjoys a steady footfall and offers potential for further growth. Convenient on-street parking and nearby bus routes enhance its accessibility for customers.

Significant progress has been made under the current management, with weekly takings around £6,500 and rising. The trajectory indicates potential weekly gross sales of £10,000 by Christmas. The business also includes a vacant, self-contained, three-bedroom flat above the shop, adding to its appeal.

The premises come fully equipped with CCTV, air conditioning, an alarm system, electric shutters, and ample storage space. Trading hours are from 07:00 to 19:30, seven days a week, with a licence extending to 10pm - an opportunity for potential expansion.

This business is being sold either leasehold or freehold, with terms open for negotiation. The leasehold includes an initial rent of £14,400 p.a., with a rent review due in 2 years. For the freehold, an attractive price has been set.

• Strategic village location with high footfall and limited competition
• Profitable with £6,500 weekly takings and growth potential
• Includes a vacant, self-contained three-bedroom flat
• Extended trading hours potential to increase revenue
• Fully equipped premises with CCTV, AC, and ample storage

Freehold: Offers around £345,000 +SAV
Leasehold: Offers around £45,000 +SAV, starting rent of £1,200 pcm (inc accommodation)

Ref: G35678G