Off Licence with Pepper Corn Rent in Lancashire For Sale

Terraced property, unopposed trading position, residential area, LANCASHIRE

Turnover £ 4,000
Price 180,000

Features

Unopposed Long Leasehold off Licence Having 999 Years From 2013

FORECOURT TO FRONT

DOUBLE FRONTED PREMISES in the region of 600 ft² with ELECTRIC SHUTTERS. Laminated strip floor, suspended ceiling with LED lighting. Sales counter, EPOS till, modern adjustable shelving, 3.6m open cool display unit, 2m open cool display unit, 2 door glass fronted freezer. CCTV system (10 cameras, 1 monitor),

Kitchen / Stock room.

Staff toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a gross profit of 22% approx. Wholesale newsbill £120 p.w. WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of £50 p.w. in respect of National Lottery. InPost commission of £100 per month

Staff

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

Trading Hours

7 Day week
MONDAY - SUNDAY 7 a.m - 10 p.m

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, comprises:

2 Bedrooms (1 double, 1 single)
Small Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin

Outside

Small Rear garden and side Parking space for 1 car.

Tenure

LONG LEASEHOLD HAVING 999 YEARS FROM 2013

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2013 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION (£25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 126,000 (long lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote