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Reference C8898

Off Licence in West Malling For Sale

Off Licence in West Malling For Sale
Buy a Off Licence in West Malling For Sale Sell a Off Licence in West Malling For Sale

Register to see map and to make an appointment Situated excellent trading position, sought after Country Town KENT WEST MALLING

Turnover 6,700
Price 69,500

Features

Superior Full Free off Licence Plus Luxary Cigars

Outstanding opportunity to acquire a quality Full Free Office Licence specialising in the sale of fine wines.

ATTRACTIVE SINGLE FRONTED SALES SHOP probably in the region of 450 sq. ft. sales area with Amtico flooring, suspended ceiling with concealed lighting, 7 single door glass fronted display fridges, attractive wooden shelving, counter, till with EPOS scanning system etc.

Large stockroom at rear - in our opinion there is potential to extend the shop into the storage area at rear, subject obviously to obtaining landlords permission.
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 6,700 p.w. in our opinion offering further potential to increase in the right hands. WE ARE FURTHER ADVISED THAT THE SALES YEAR ENDING MARCH, 2019 SHOWED 247,000 WITH A GROSS PROFIT OF 58,549

Staff

The business is at present operated by the owner with the assistance of his wife on a part time basis plus 1 part time staff employed.

Trading Hours

10 a.m. - 10 p.m. seven days per week

Tenure

We understand the premises are held on a secure renewable lease for a period of 20 years from November, 2007 at a rental of 12,000 p.a. exclusive of rates up to November, 2022 with rent to be agreed thereafter.

EPC Rating D (80)

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 69,500 plus plus STOCK AT VALUATION (15,000/20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 34,750 (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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