Off Licence in Orpington For Sale

Situated in a parade, busy road, residential area, KENT ORPINGTON

Turnover £ 5,500
Price £45,000

Features

off Licence, Confectionery, Tobacco

SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS (approx 450 sq ft). Suspended ceiling, flourescent light panels, laminate floor. Counter, cigarette gantry, electric cash register, Coca Cola fridge, 5 single door fridges, chest freezer for ice cream and iced, adjustable shelving, display racking. CCTV and alarm (2 cameras.)

Door to storeroom - fully shelved, freezer.

Staff toilet with sink, and cupboard.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,500 p.w. with a Gross profit of 20% approx.

Staff

The business is at present staff operated 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 9.30 pm

Outside

Yard to rear.

Tenure

The vendor owns the Freehold and subject to satisfactory references is prepared to grant a new secure 15 years full repairing and insuring lease at a rent of £13,500 p.a. for the first 3 years with rent reviews every 3 years.

Business Rates from April 2023 £800 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1988

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK (£10,000 approx) AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote