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Off Licence for sale in East London

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Reference : C6980

FULL FREE OFF LICENCE, CONFECTIONERY, TOBACCO

       

No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register for free to see full location details
 

Location

Situated in a parade of 5 shops, residential estate, LONDON E (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 22% approx.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £19,500 or near offer plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

Ample customer's car parking. No parking restrictions.

Single fronted medium sized Sales Shop with fluorescent lighting. The equipment includes counter, electronic cash register, 1 upright single door drinks display fridge, 2 upright double door drinks display fridges, ice cream deep freeze, shelving, cigarette gantry (on loan) etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

Staff

The business is at present operated by the vendor with the assistance of his son. No additional staff employed.

Opening Hours

Monday - Saturday inclusive - 11 a.m. - 10 p.m.
Sunday opening - 12 noon - 3 p.m. & 7 p.m. - 10 p.m.

Outside

Separate brick store at rear we understand rented from the Council at £100 p.a.
Service area at rear of parade

Tenure

We understand the premises are held on a secure renewable lease for a period of 10 years from October, 2005 at a current rental of £3,050 p.a. exclusive of rates with rent reviews every 5 years. (We understand from the present tenant that the rent was not increased at the last rent revision).

Uniform Business Rates: £937.20 p.a. approx. + water rates

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.

RECOMMENDED FOR EARLY INSPECTION

Reference : C6980

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Off Licence for sale
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Catering Businesses for sale include:
 A3 / A5 Premises
 
Bakery /Patisserie
 
Cafe for sale
 
Delicatessens
 
Fish & Chips shops
 
Freehouse / Pubs
 
Hotels & B&B's
 
Pubs & Wine Bars
 Restaurants
 
Sandwich Bars
 
Take-aways
 
Tea rooms
 
Wine Bars

Retail Businesses for sale include:
 Bathroom / Kitchen
 Butchers for sale
 
Car Shops for sale
 
Cards & Gifts shops
 
Clothes Shops
 Cycle Shops
 Discount Shops
 Dry Cleaners
 
Empty Premises
 Florist / Garden centre
 
Fruit & Greens shops
 
Gallery / Antique
 
General Stores
 Hair & Beauty
 
Hardware / DIY
 Investments
 
Newsagents
 Off Licence
 
Retail Businesses
 
Pet Shops
 
Petrol Stations
 
Post Office
 
Print Shops
 
Sports Shop
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