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AWARD WINNING WINE RETAILER & BAR

Leigh on Sea, Essex
Leasehold Price:
£164,950
Status
FOR SALE
Advert ID
257059
Reference
G6220E / Rightbiz

AWARD WINNING WINE RETAILER & BAR - LEIGH-ON-SEA - An award winning business (UK Independent Wine Retailer of the Year 2018 & Southend Small Business of the Year), which was established by our clients in 2013, specialising in the sale of high quality wines, craft beers and artisan spirits. Occupying a shop situated in a prominent location within the ever-popular town of Leigh-on-Sea. The business offers retail sales within the shop as well as on-line sales, wholesales, in-premises bar trade and corporate channels. The business has an excellent reputation both locally and nationally, being highly rated on both Google (4.8/5) and Facebook (4.9/5). The management accounts for the most recent 12 months up to date show a net turnover of £366,121 with a reconstituted net profit circa £90,000. Still leaves scope to increase further by increasing the trading days/times and expanding the online, wholesale and corporate trade. 6 year lease at a rental of £9,500 per annum. No business rates. Viewing recommended.

Listing Details
Leasehold Price: £164,950
Tenure: Leasehold
Location: Leigh on Sea, Essex
Sector: Off Licences, Bars, Miscellaneous Businesses
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
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Advert Reference: G6220E / Rightbiz

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