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Off Licence for sale in West Midlands

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Reference : G5194

Newly fitted FULL FREE OFF LICENCE plus slight CONVENIENCE GROCERIES

       

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, busy road, densely populated residential area WEST MIDLANDS (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £4,500/£5,000 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 £67,500 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

SPACIOUS DOUBLE FRONTED SALES SHOP with double door approx. 40 sq. metres, all newly fitted. Laminated strip floor, fluorescent lighting. The equipment includes counter, electronic cash register, 2 double door drinks display fridges (used for beers and ciders), 2-2m open cool display units (1 used for wine whilst the other is used for beers and soft drinks), ice cream deep freeze (owned), modern adjustable shelving.

Large stockroom with shelving

It will be appreciated upon inspection that there is potential to extend the shop into the stockroom at rear, if desired.

Staff cloakroom with w.c. and wash hand bsin

Staff

The business is at present operated by the vendor and no staff are employed.

Opening Hours

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

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, all in GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of £550 per month, however, we understand vacant possession can be given on completion, if required. The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, shower over bath, w.c. and wash hand basin
Lounge
Fully fitted kitchen

Outside

Garden at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £16,900 p.a. exclusive of rates for the next 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £1,640 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Reference : G5194

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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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