Discount Store with Off Licence in Essex For Sale

Situated in a Parade, excellent main road trading position, residential and commercial area, Essex

Turnover £ 1,750
Price £25,000

Features

Discount Store with Off Licence (not Currently Utilised) - Recently Closed

5 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 1,850 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with fluorescent lighting, sales counter, cash register, CCTV system (18 cameras, 1 monitor), adjustable shelving, 2 x open cool display unit (2.5 metres), 2.5 meter Freezer sliding door, key cutting machine.

Staff Toilet with w.c. and wash hand basin.

Kitchen / Office.

Turnover

WE ARE INFORMED by the owner the turnover, when trading, averaged £1,500 - £2,000 p.w. with a Gross profit of 50% approx.

Trading Hours

were 5 Day week
MONDAY - FRIDAY 10am - 5pm

Tenure

The private landlord subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 12 years full repairing and insuring lease with rent reviews every 4 years at a rent of £17,500 p.a. for the first 4 years. In addition we understand the Landlord will require a 6 month rent deposit

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000.
LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 12,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote