Off Licence and Vape Shop in Oxfordshire For Sale

Busy main road position, densely populated residential area, OXFORDSHIRE

Turnover £ 7,000
Price £150,000

Features

Modern Off Licence, Tobacco and Vapes with Paypoint and Parcel Services

SINGLE FRONTED ALARMED PREMISES, in the region of 550 ft², CCTV (8 cameras), tiled flooring, suspended ceiling with LED lighting.

Sales counter, EPOS cash register, ice cream freezer, double door soft drinks fridge, open display chiller, adjustable shelving.

Staff cloakroom with toilet and wash hand basin.

Stockroom.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 40% approx.

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 8 a.m. - 11 p.m.
SUNDAY 10 a.m. - 10 p.m.

Tenure

rent 16kWE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 8 years in 2025 with reviews every 4 years (next review 2029) at a current rent of £16,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS IS OFFERED FOR SALE DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£50,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 75,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote