Off Licence in Hull For Sale

Situated in a parade, excellent main road trading position, residential area, EAST YORKSHIRE HULL

Turnover £ 5,750
Price £55,000

Features

off Licence with Grocery, Confectionery, Tobacco & Vapes

SINGLE FRONTED PREMISES in the region of 700 ft² with ELECTRIC SHUTTERS. CCTV (8 cameras). Vinyl flooring, suspended celing with LED tube lights. Sales Counter - EPOS cash register, wine and beer chiller, soft drinks chiller, milk & dairy fridge, ice cream freezer, adjustable shelving.

Store room

Satff cloakroom with toilet and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,750 p.w. with a gross profit of 22% approx. In our opinion the business offers terrific potential for further increase especially with the introduction of lottery, paypoint & newspapers.

Staff

The business is at present operated by a husband & wife team

Trading Hours

7 Day week
MONDAY - SUNDAY 9 a.m - 11 p.m

Outside

Yard with parking for 1 vehicle.

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease with rent reviews every 3 years at a rent of £9,600 p.a. for the first 3 years.

Business Rates from April 2025 £1,00 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 27,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote