News Agent, Colchester, CO7

Property Details: • Type: 385 sq ft • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: Manningtree Station • Distance to Station: 4.7 miles

Agent Information: • Address: 1333-1335 London Road, Leigh-On-Sea, SS9 2AD

Full Description: Thriving Convenience Store & Off Licence in a Charming Village Near Colchester!An exciting opportunity to acquire a well-established convenience store and off licence in a village close to Colchester. With a strong established turnover, this business is already a cornerstone of the local community and still offers significant potential for growth.Key Features:Prime Location: Situated in the heart of the village with high footfall and loyal local customers.Established Business: Strong, reliable turnover with a proven track record of success.Growth Potential: Opportunity to increase revenue by extending trading hours to capture more of the market.Fully Equipped: Includes all fixtures, fittings, and equipment necessary for seamless operations.Versatile Offering: Convenience goods, essential items, and a wide selection of alcoholic beverages.This is a perfect venture for someone looking to step into a ready-made business with room to innovate and grow. Whether you’re an experienced retailer or seeking a lifestyle change in a vibrant community, this store has everything you need to hit the ground running.Don’t miss this chance to own a profitable business in a desirable location with untapped growth potential! Ref RX463756LocationThe premises is situated in a village, located on the outskirts of Colchester. The location provides strong local customer base and regular passing trade due to the main road position.TenureWe are advised there are approximately 7 years remaining on the lease at a current rent of £10,000 per annum exclusive.PremisesDetached premises with single entrance door leading into the premises which measures 384 sq. ft.and is arranged as follows:MAIN SALES AREA with laminate flooring and strip lighting. The premises is equipped with a full length open display drinks fridge, double display chest freezer, product racking, triple large display fridge, single display red bull fridge, single display wine fridge, serve over counter, lottery machine, scratch cards, Paypoint, Payzone and CCTV throughout. This shop is currently arranged to provide 3 isles with various product shelving. An opening at the rear leads into a small STOCK ROOM with racking and a further door leading into a WC with wash hand basin.Trading HoursMonday - Saturday 6.30 am - 8.30 pm and Sunday 7 am - 6 pm.StaffThe business is run be the vendor on a part time basis, with the assistance of 1 full time and 2 part time members of staff.TurnoverTurnover information will be provided by the vendor on a viewing.Business RatesThe premises is subject to a rateable value of £6,000 resulting in zero business rates payable, should small business rate relief apply to a purchaser.Legal CostsEach party are to be responsible for their own, with the landlord's legal costs to be split 50/50 based on a lease assignment.