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Reference G8504

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

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

Turnover 5,750
Price 50,000

Features

Full Free off Licence Slight Convenience Groceries

SINGLE FRONTED SALES SHOP in the region of 550 sq. ft. sales area with wooden floor, suspended ceiling with concealed lighting. The equipment includes 3 glass topped chest display deep freezers, 1 double door glass fronted display fridge (on loan from Coca Cola), 1 double door sliding glass fronted display fridge (owned), 3 open cool display units, counter, electronic cash register with scanning etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 5,750 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 24%.

Staff

The business is at present operated by a husband & wife team & no staff are employed.

Trading Hours

Monday - Thursday inclusive - 8 a.m. - 12 midnight
Friday & Saturday - 8 a.m. - 3 a.m.
NO SUNDAY TRADING

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Fitted kitchen

Outside

Yard at rear

Tenure

We understand the entire premises are held on a secure renewable lease from a private landlord, the present lease having approximately 3 years unexpired at a rental of 18,000 p.a. exclusive of rates for the remainder of the term. We understand the landlord, subject to satisfactory references, is prepared to grant a new 20 years lease at terms and rent to be agreed.

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

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 25,000 (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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