Full Free Off Licence, Confectionery Tobacco | | Undisclosed West Midlands | | Situated in a parade of shops, excellent trading position, WEST MIDLANDS | | ADVERT NUMBER : 63314
ADVERT IMPRESSIONS : 11,081 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Off Licences | | SALE: | Agent Sale | LEASEHOLD: | £95000 | | | | | BUSINESS DETAILS: | Features : ATTRACTIVE SALES SHOP approx. 650 sq. ft. sales area, we understand all newly fitted and refurbished approximately 2½ years ago. Ceramic tiled floor, suspended ceiling with concealed lighting. Counter, 1 till with EPOS scanning system, modern adjustable shelving, large open cool display chiller (used for beers and wines), single door glass fronted drinks fridge (on loan from Coca Cola) etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade of shops, excellent trading position, WEST MIDLANDS
Opening Hours : 12 noon - 10 p.m. seven days per week
Turnover : WE ARE INFORMED the turnover currently averages £8,000 p.w. in our opinion offering further potential to 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 23 years unexpired at a rental of £13,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,700 p.a. approx. (should reduce with small business relief)
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £4,000 p.a. however, we understand that vacant possession can be given on completion, if required. The FLAT with NIGHT STORAGE HEATERS, comprises:
1 Double Bedroom, en suite shower room with shower, w.c. and wash hand basin
Lounge
Kitchenette
Outside : Small yard.
Staff : At present staff operated. 1 full time plus 1 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
