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Summary:
Reference: C7056
Accom: Yes
Turnover: £ 5,000 p.w.
Leasehold: £ 52,500

Finance
You can borrow £ 26,250 (lease) to purchase this business subject to status, with a house or additional security you maybe able to borrow the full amount.


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Home » Businesses for Sale » West Sussex » Off Licences » Confectioners » Video Libraries » Business Details

Advert Ref : C7056

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Long Established off-licence & Dvd Rentals for Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, West Sussex.

Features

Single fronted, medium sized premises, Electric Heaters, fully carpeted (heavy duty) floor, suspended ceiling with fluorescent lighting.

Fully equipped including: sales counter, electronic cash register, shelving, 1 metre open cool display unit, 2 upright glass fronted drinks display fridge, 1 upright double-door drinks fridges (on loan), etc.

* Staff kitchen area
* CCTV system including 3 cameras, 1 monitor and DVD recorder.
* Stockroom at rear.
* Staff toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED the turnover averages £5,000 p.w. Gross profit 25% approx.

* £200 per week approx. from DVD rentals

Staff

The business is at present operated by the vendor and an additional 2 part time staff employed.

Opening Hours

7 Day week (Monday - Saturday) 10am - 10pm
Sunday 11am - 9pm

Accommodation

THE SELF CONTAINED ACCOMMODATION enterence via door to the rear of the shop to Flat with Storage Heaters, Double-glazed windows in good condition over 2 floors, comprises:

2 Bedrooms (1 double, 1 Single).
Lounge.
Fitted Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Double garage.

Tenure

We understand the landlord will grant a new 15 years lease at a rental of £9,600 p.a. exclusive of rates with rent review every 4 years.

Uniform Business Rates: £1,100 p.a. approx. plus water rates (metered).

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £52,500 plus STOCK AT VALUATION (£6,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Viewing

Please call 020 8763 1777 for an appointment to view

Reference C7056

             

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