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Reference C9262

Off Licence plus Vape Shop in South Wales For Sale

Off Licence plus Vape Shop in South Wales For Sale

Register to see map and to make an appointment Situated in a Parade, main road trading position, residential, office and commercial area, SOUTH WALES

Turnover 5,500
Price

Features

off Licence & Vape Shop

PREMISES 530.6ft (49.29M)

SINGLE FRONTED PREMISES. Suspended ceiling with spot lights, sales counter, lino floor, 3 double door fridges, 2.5m open cool display unit, EPOS scanning system with 1 till + computer, 3 glass cabinets.

Stock room / Store room.

Staff Toilet with w.c. & wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages 5,500 p.w. (including 500 in respect of Electronic Cigarettes & Bongs) with a gross profit of 28% approx. The business also has Pazone, Paypoint & Western Union.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

7 Day week 8 am - 11 pm

Outside

Service road to rear

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 5 years in 2017 with rent reviews every 5 years (next review 2022) at a current rent of 10,200 p.a. We understand the landlord, subject to satisfactory references, is prepared to grant a new longer lease at an initial rental of 10,200 p.a.

Business Rates from April 2020 1,200 approx. payable (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS 49,500 plus STOCK AT VALUATION (20,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

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