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Well Estabished Semi-detached Full Free Off Licence Slight Convenience Groceries

Undisclosed Essex
Densely populated residential area with 2 schools nearby, ESSEX

ADVERT NUMBER : 66781
ADVERT IMPRESSIONS : 14,488 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Off Licences
SALE: Agent Sale

LEASEHOLD:

£30000
 

BUSINESS DETAILS:

Features : ATTRACTIVE DOUBLE FRONTED MEDIUM SIZED SALES SHOP with carpet tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, 1 double door glass fronted drinks display fridge (used for beers), 3 single door drinks display fridges (2 used for beers whilst 1 used for wine), 1 double door glass fronted display fridge (on loan from Coca Cola), 1 single door glass fronted display fridge (on loan from Lucozade), ice cream deep freeze, 1 glass topped deep freeze (used for ice & frozen foods), shelving.

Staff w.c. and wash hand basin
Large cellar, ideal for storage purposes

Location : Densely populated residential area with 2 schools nearby, ESSEX

Opening Hours : Monday - Saturday inclusive - 10.30 a.m. - 11 p.m.
Sunday opening - 11 a.m. - 10.30 p.m.

Turnover : WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 22% approx.

Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £7,800 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £1,000 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Staff : At present operated by 2 brothers and no staff are employed.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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