Premier Stores with Off Licence in Lincolnshire For Sale

Terrace property, busy road, residential area, Lincolnshire.

Turnover £ 6,500
Price £80,000

Features

Premier Stores with off Licence, with Atm & Parcel Services

DOUBLE FRONTED PREMISES, in the region of 975 ft², Tiled flooring with suspended ceiling and LED lighting. Sales counter, electric cash register. Ice cream freezer, double door chiller, dairy fridge, Soft drinks fridge, beer & wine fridge, vape cabinet, adjustable shelving, CCTV (10 cameras), etc..

Stockroom.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. ( plus online JustEat deliveries of £2,000 p.w. approx.) plus commission items of £1,200 p.a. with a Gross Profit of 30% approx.

Staff

The business is at present operated by the Husband & Wife team.

Trading Hours

6 Day week
TUESDAY - SUNDAY 9 a.m. - 10 p.m.
Potential and demand for Monday opening and longer hours.

Licensed opening hours 6.a.m - 11 p.m.

Accommodation

THE ACCOMMODATION entrance via the shop to Flat above with Gas Fired Central Heating comprises

2 bedrooms (1 Double, 1 Single)
Fitted Kitchen / Diner
Bathroom with bath, wash hand basin and toilet

Outside

Small garden / yard to rear.

Tenure

The premises is let on a 9 years lease from 2024 an a current rent of £17,500 p.a. with 3 yearly rent reviews.

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

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£20,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote