| (REF: C7569) Well Fitted Full Free Off Licence Slight Confectionery, Tobacco |
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| Seller Reference: |
C7569 |
| B4S Reference: |
20819 |
| Asking Price: |
£67,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£286,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
West Midlands County, the West Midlands, United Kingdom |
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Nationwide are pleased to offer to the market : DOUBLE FRONTED SALES SHOP occupying a corner position approx. 550/600 sq. ft. sales area with laminated strip floor, suspended ceiling with fluorescent lighting. Counter, electronic cash register, 1 open cool display unit, 2 double door glass fronted display fridges (1 used for beers, 1 for soft drinks), ice cream deep freeze etc.
Staff cloakroom with w.c. and wash hand basin
Cellar used for storage purposes
WE ARE INFORMED the turnover averages £5,500/£6,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 24% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £8,400 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £841 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £67,500 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated end of parade, busy road, densely populated residential area, WEST MIDLANDS |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Saturday inclusive - 12 noon - 11 p.m.
Sunday opening - 12 noon - 10.30 p.m. |
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The business is at present operated by 2 partners and no staff are employed. |
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