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Reference C8784

Off Licence in Somerset For Sale

Off Licence in Somerset For Sale
Off Licence in Somerset For Sale Buy a Off Licence in Somerset For Sale Sell a Off Licence in Somerset For Sale Off Licence in Somerset For Sale for Sale Off Licence in Somerset For Sale for Sale Off Licence in Somerset For Sale for Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, residential area, SOMERSET

Turnover 6,000
Price 50,000

Features

Counter News, Confectionery, Tobacco, Convenience Groceries, Full Free off Licence

Layby in front of parade (free parking for up to 1 hour during daytime)

SPACIOUS DOUBLE FRONTED SALES SHOP approximately 800 sq. ft. sales area with fluorescent lighting & fully equipped including large counter, till with scanning system, 2 open 3.75m cool display units, 1 chest deep freezer, ice cream deep freezer, shelving etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of 6,000/6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 700 p.w. We are further advised that the gross profit is in the region of 24%.

Staff

At present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

Sunday - Thursday inclusive - 5 a.m. - 8.30 p.m.
Friday & Saturday - 5 a.m. - 10 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over all in GOOD CONDITION, comprises:

3 bedrooms (2 doubles plus 1 attic single bedroom)
Bathroom with bath, wash hand basin
Separate w.c.
Large lounge
Kitchen

Outside

Small garden

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 2 year unexpired at a rental of 14,000 p.a. exclusive of rates. We further understand that the landlord, subject to satisfactory references, is prepared to grant a new 14 years lease at terms and rent to be agreed.

Uniform Business Rates: Nil payable at present

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 50,000 plus STOCK AT VALUATION (25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 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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