W/T £6,000 Payzone £700 GP 25%
Main Road Shopping Area Location
Full Accounts Available
First Class Proposition/Low Rent £190 PW
EPC Rating - G
This a Mace off licence and general store which is situated in the densely populated Walton Vale suburb of Liverpool . The contract with Mace has been completed so this could now be operated as an independent convenience store. It is located together with a large number of various retail premises on the main A59 route, connecting Liverpool to Ormskirk and Preston as well as other areas of North Liverpool, plus the M57 and M58 motorways. The shop is on the corner of Walton Vale and Chapel Avenue.
The premises were well-presented at the time of our visit, having been fitted to the Mace standard when established by the vendor in 2010 with new fixtures and fittings, including their EPOS stock management and accounting system. The vendor advises that takings have grown to £6,000 - £7,000 per week including Payzone and increasing with a Gross Profit of 22%. There is also an ATM on the premises for which the vendor receives £250 per month. The business benefits from the support and branding of the Mace organisation with its buying power which results in lower costs and better margins as well as reduced trips to the Cash & Carry. We understand that the vendor has a fifteen year secure lease for the premises which includes first floor store rooms and toilet facilities. These may be suitable for alteration to provide residential use, subject to obtaining any necessary planning consents and the vendor is also prepared to listen to offers for the freehold of the building.
Blacks Brokers consider that this is an opportunity for a buyer to obtain a developing ,well-stocked and presented business in a busy area and we recommend early viewing. The vendor will be pleased to consider a handover period to assist a buyer.Fixtures:
Mace supplied till with EPOS system. Wall cladding and racking, 3.75m multideck modern chiller display with remote condensing unit, stock display gondola, modern displays including card display. The vendor will be pleased to supply a schedule of the fixtures and fitings for prospective buyers.
Corner Plot, Entrance, Sales Area, Counter First Floor is used as storage at the moment. There is potentially usable accommodation upstairs which has a lounge, bathroom and a kitchen.
Location Details: Liverpool
Leasehold Term: Rent: £225 Per Week
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