Off Licence in East Yorkshire For Sale

Situated in a parade, excellent main road trading position, residential area, EAST YORKSHIRE

Turnover £ 5,750
Price £60,000

Features

off Licence with Grocery, Confectionery, Tobacco & Vapes

SINGLE FRONTED PREMISES in the region of 700 ft² with ELECTRIC SHUTTERS. CCTV (8 cameras). Vinyl flooring, suspended celing with LED tube lights. Sales Counter - EPOS cash register, wine and beer chiller, soft drinks chiller, milk & dairy fridge, ice cream freezer, adjustable shelving.

Store room

Satff cloakroom with toilet and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,750 p.w. with a gross profit of 22% approx. In our opinion the business offers terrific potential for further increase especially with the introduction of lottery, paypoint & newspapers.

Staff

The business is at present operated by a husband & wife team

Trading Hours

7 Day week
MONDAY - SUNDAY 9 a.m - 11 p.m

Outside

Yard with parking for 1 vehicle.

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease with rent reviews every 3 years at a rent of £12,000 p.a. for the first 3 years.

Business Rates from April 2024 £750 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote