Off-licence for sale in Ironbridge Shropshire, known as IRONBRIDGE
Ironbridge, Shropshire
- Status
FOR SALE
- Advert ID
646046
- Reference
95532 / Rightbiz
- Call Agent:
- Leasehold: £90,000
- Rent: £9,840 (£820 per month)
- Turnover: £278,000 (£5,346 per week)
- Profit: On request
Business Details
IRONBRIDGE SPECIALIST OFF LICENCE LOCATED
Ironbridge specialist off-licence
Located in world heritage site
Attractive commercial premises
With additional storage facilities
Turnover £278,000 per annum net of VAT (44% GP)
Location
The internationally renowned World Heritage site stands on the banks of the River Severn at the heart of the Ironbridge Gorge. The village takes its name from the cast iron bridge built in the 18th century by the renowned engineer, Thomas Telford. It is now one of the UK’s most popular tourist destinations with it reported that more than 3,000,000 people visited Ironbridge during 2022 alone.
The Property
At the very heart in a historic building is the subject business, Moonshine & Fuggles. The former Post Office has been converted into a retail unit with flats above and Moonshine & Fuggles occupies the retail unit. It is situated in the heart of the town in a prime location with wonderful views of the Iron Bridge itself. The business was created some 12 years ago and is now a well-established brand with successful retail and online sales from the shop alone with a local wholesale business and regular pop-up and instore events.
LEASEHOLD £90,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
Moonshine & Fuggles is held on a full repairing and insuring lease from a private individual, for a term of three years commencing February 2026. The lease is outside the security provisions of the Landlord & Tenant Act 1954. We are advised that the landlord is flexible to extend the term. The lease is fully assignable. Rent is £9,840 per annum paid monthly in advance, subject to three yearly rent reviews, the next due in February 2029. The lease is free of all trade ties.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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