FinanceYou can borrow
£ 29,750 (lease)
to purchase this business subject to status, with a house or additional
security you maybe able to borrow the full amount.
Superbly Fitted Quality Full Free off Licence for Sale
Situated in a parade, sought after residential area, KENT.
Features
Outstanding opportunity to acquire a recently opened quality Full Free Off Licence specialising in exclusive wines. In our opinion, the business offers tremendous potential for further development in the right hands.
Service road in front of parade with no parking restrictions.
Electric shutters to attractive DOUBLE FRONTED SALES SHOP, approx. 500 sq. ft. sales area, refurbished and newly fitted. Ceramic tiled floor, suspended ceiling with concealed lighting, large, approx. 9m, open cool display unit (for wines), attractive wooden shelving, deep freeze (used for ice), counter, electronic cash register, etc.
Small Stockroom.
Staff Cloakroom with w.c. and wash hand basin.
Small Kitchenette area.
Turnover
WE ARE INFORMED the turnover currently averages £6,000 p.w., in our opinion offering tremendous potential for further increase in the right hands. Gross profit in excess of 25%.
Staff
The business is at present operated by the vendor with the assistance of 1 full time staff.
(We understand the licence entitles the business to sell wines, beers and spirits from 10 a.m. - 10 p.m. seven days per week).
Accommodation
THE ACCOMMODATION in the form of a self contained FLAT OVER, recently refurbished is at present let on a shorthold tenancy and provides a rental income of £850 per month. The accommodation comprises:
2 double bedrooms.
Bathroom with bath, w.c. and wash hand basin.
Lounge.
Kitchen (needs fitting).
Outside
Garden, approx. 100 ft. long.
Tenure
WE UNDERSTAND the premises are held on a secure renewable lease for a period of 20 years from July 2010, at a rental of £14,500 p.a. excl. of rates up to July 2015, with rent review at that time and thereafter every 5 years.
Uniform business rates: In the region of £3,000 p.a. approx. (We understand not yet confirmed).
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.
Price
PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS,
£59,500 PLUS STOCK AT VALUATION (£20,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Viewing
Please call 020 8763 1777 for an appointment to view
Reference
C7551
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