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Reference C9092

Off Licence in West Midlands For Sale

Off Licence in West Midlands For Sale
Off Licence in West Midlands For Sale Buy a Off Licence in West Midlands For Sale Sell a Off Licence in West Midlands For Sale Off Licence in West Midlands For Sale for Sale Off Licence in West Midlands For Sale for Sale

Register to see map and to make an appointment Situated in a parade, residential area WEST MIDLANDS

Turnover 5,500
Price 48,000

Features

Profitable Wines, Beers, Spirits Plus Confectionery, Tobacco, Soft Drinks

CUSTOMERS' CAR PARKING FOR THE PARADE FOR APPROXIMATELY 14 CARS

SPACIOUS DOUBLE FRONTED SALES SHOP with tiled floor, suspended ceiling with LED lighting, 2 open cool units (used for wines & beers), ice cream deep freezer, 1 double door glass fronted fridge (on loan from Coca Cola), 1 single door glass fronted drinks fridge (on loan), 1 additional single door glass fronted fridge (owned & used for beers), modern shelving counter, 2 electronic cash registers with scanning etc.

Large stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 5,500 p.w. in our opinion offering further potential to increase in the right hands. We are further advised the gross profit is in the region of 20%.

Staff

The business is at present operated by a husband & wife & team with the assistance of 1 part time staff.

Trading Hours

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

Tenure

We understand the premises are held on a secure renewable lease the present lease expiring in 2039 at a current rental of 20,500 p.a. exclusive of rates. We understand the rent reviews are every 5 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 48,000 plus STOCK AT VALUATION (25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 24,000 (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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