Traditional Off Licence in Essex For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, ESSEX.

Turnover £ 4,500
Price £25,000

Features

Well Established off Licence with Confectionery, Tobacco

DOUBLE FRONTED PREMISES in the region of 580 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with fluorescent lighting, sales counter, cash register, modern adjustable shelving, 2 x open cool display unit (4.5 metres approx), wine display fridge (glass fronted upright), ice cream freezer, CCTV system (6 cameras, 1 monitor).

Stock room

Kitchen area

Outside Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w. with a Gross profit of 20% approx.

Staff

The business is at present operated by the Husband & family support

Trading Hours

7 Day week
MONDAY - SUNDAY 2pm - 11pm

Outside

Shared Rear yard

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 5 years full repairing and insuring lease with rent reviews every 5 years at a rent of £12,000 p.a. for the first 5 years.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2005, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION (£20,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 12,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote