Search more Off Licences for sale in Leicestershire
Reference G8286

Off Licence in Leicestershire For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, LEICESTER

Turnover 5,000
Price 22,000

Features

Full Free off Licence Plus Convenience Groceries

SPACIOUS DOUBLE FRONTED SALES SHOP with tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, 3 glass topped chest display deep freezers, 1 double door glass fronted fridge (owned), open cool display unit etc.

Stockroom

Turnover

WE ARE INFORMED the turnover averages 5,000 p.w. in our opinion offering further potential to increase in the right hands. We further understand the gross profit is in the region of 23%. The business also operates a Parcel Collection Service plus Paypoint.

Staff

At present operated by the vendor with the assistance of family help

Trading Hours

Monday - Saturday inclusive - 11 a.m. - 11 a.m.
Sunday opening - 2 p.m. - 10 p.m.

Accommodation

The accommodation situated on the first floor DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

1 Double Bedroom
Bathroom with bath, wash hand basin
Separate w.c.
Lounge
Kitchen with fitted units

Outside

Small yard

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in 2021 at a rental of 12,000 p.a. exclusive of rates. We understand that the landlord is prepared to accept a surrender of the existing lease and grant a new 10/15 years lease at an initial rental of 12,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 22,000 plus STOCK AT VALUATION (15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 11,000 (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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