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Reference C9014

Off Licence in Middlesex For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, MIDDLESEX

Turnover 8,000
Price 130,000

Features

Full Free off Licence Plus Confectionery, Tobacco & Convenience Groceries

SPACIOUS SINGLE FRONTED SALES SHOP in the region of 800/900 sq. ft. sales area with non-slip floor, fluorescent lighting & well equipped including 2 deep freezers, 3 open cool display units, modern adjustable shelving, 1 electronic cash register with scanning.

Kitchen
Staff w.c. & wash hand basin
Stockroom

Turnover

WE ARE INFORMED the turnover averages 8,000/9,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 20% approx. In addition there is a counter in the shop let for mobile repairs & we understand that the owner of the business is receiving at the present time 200 p.w. rent.

Staff

At present operated by the owner with family help when required.

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 9 p.m.
Sunday opening 8 a.m. - 8 p.m.

Outside

Small covered yard at rear utilized for storage purposes

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of 23,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 130,000 plus STOCK AT VALUATION (35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 65,000 (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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