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Off Licence, Asian Groceries Fruit & Veg Shop in West Midlands For Sale

Off Licence, Asian Groceries Fruit & Veg Shop in West Midlands For Sale
Off Licence, Asian Groceries Fruit & Veg Shop in West Midlands For Sale Buy a Off Licence, Asian Groceries Fruit & Veg Shop in West Midlands For Sale Sell a Off Licence, Asian Groceries Fruit & Veg Shop in West Midlands For Sale Off Licence, Asian Groceries Fruit & Veg Shop in West Midlands For Sale for Sale Off Licence, Asian Groceries Fruit & Veg Shop in West Midlands For Sale for Sale Off Licence, Asian Groceries Fruit & Veg Shop in West Midlands For Sale for Sale Off Licence, Asian Groceries Fruit & Veg Shop in West Midlands For Sale for Sale Off Licence, Asian Groceries Fruit & Veg Shop in West Midlands For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent High Street trading position, near school & college, WEST MIDLANDS.

Turnover 5,000
Price 45,000

Features

off Licence with Asian Groceries, Fruit & Vegetables

SINGLE FRONTED PREMISES 450 sq.ft. LED tube lighting, non-slip vinyl floor. Adjustable shelving, display racks. Glass Counter, EPOS touch screen till, adjustable shelving, 2m open cool display unit (used for beers & wines), 2m open display dairy fridge, double door Coca Cola fridge, single door Pepsi fridge, new ice cream silding door freezer. Alarm. CCTV (8 cameras).

Store room

Cloakroom with toilet and wash hand basin

Fitted kitchen with sink and oven.

Turnover

WE ARE INFORMED by the owner the turnover currently averages 5,000 p.w. with a gross profit of 27% approx.

Staff

The business is at present operated by the vendor's wife with 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 8 am - 9 pm
SUNDAY 10 am - 6pm

Outside

Rear parking for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2020 with reviews every 5 years (next review 2025) at a current rent of 14,000 p.a.

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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS 45,000 plus STOCK AT VALUATION (20,000)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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