| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 4,277 TIME(S)
BUSINESS REFERENCE : G5194 / RightBiz NEWLY FITTED FULL FREE OFF LICENCE PLUS SLIGHT CONVENIENCE GROCERIES | | | | | | SPACIOUS DOUBLE FRONTED SALES SHOP with double door approx. 40 sq. metres, all newly fitted. Laminated strip floor, fluorescent lighting. The equipment includes counter, electronic cash register, 2 double door drinks display fridges (used for beers and ciders), 2-2m open cool display units (1 used for wine whilst the other is used for beers and soft drinks), ice cream deep freeze (owned), modern adjustable shelving. Large stockroom with shelving It will be appreciated upon inspection that there is potential to extend the shop into the stockroom at rear, if desired. Staff cloakroom with w.c. and wash hand bsin | | | BUSINESS LOCATION: | Undisclosed West Midlands UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Off Licences | | SALE: | Agent Sale | LEASEHOLD: | £67500 | | | | | | | | | | | BUSINESS DETAILS: | Location Situated in a parade, busy road, densely populated residential area WEST MIDLANDSOpening Hours Monday - Saturday inclusive - 11 a.m. - 11 p.m.
Sunday opening - 12 noon - 10 p.m.Turnover WE ARE INFORMED the turnover averages 4,500/5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 22% approx.Tenure We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of 16,900 p.a. exclusive of rates for the next 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: 1,640 p.a. approx.
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 67,500 plus STOCK AT VALUATION (15,000/20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a SELF CONTAINED FLAT over, all in GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of 550 per month, however, we understand vacant possession can be given on completion, if required. The accommodation comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, shower over bath, w.c. and wash hand basin
Lounge
Fully fitted kitchenOutside Garden at rearStaff The business is at present operated by the vendor and no staff are employed. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | G5194 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
