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Reference C9015

Off Licence in Somerset For Sale

Register to see map and to make an appointment Situated in a parade, large residential area BRISTOL

Turnover 10,000
Price 79,500

Features

Full Free off Licence (mainly Wines, Beers & Spirits) Plus Convenience Groceries

SALES SHOP in the region of 600 sq. ft. sales area with non-slip floor, suspended ceiling with concealed lighting. The equipment includes shelving, 3-3.75m open cool display units (1 used for soft drinks, 1 for beers whilst the 3rd is used for wines), counter, electronic cash register, ice cream deep freezer etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 10,000/11,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 22% approx.

Staff

At present mainly staff operated. 2 full time staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

9 a.m. - 10.30 p.m. seven days per week

Outside

Shared yard at rear of parade

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 11 years unexpired at a rental of only 7,200 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

REALISTICALLY PRICED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 79,500 plus STOCK AT VALUATION (25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 39,750 (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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