LEASEHOLD OFF LICENCE

Price:

Leasehold - £89,000

Seller Ref:

2226

Location:

Worcestershire

Business Type:

Retail businesses

See Other:

Off licences for sale in Worcestershire
Retail businesses for sale in Worcestershire

Description:

THE BUSINESS:

LEASEHOLD OFF LICENCE - WORCESTERSHIRE
Early interest and viewing is highly recommended
Sale price includes all fixtures and fittings
Well presented and appointed property
Very busy commercial area in Coventry
Scope for further development
Excellent family business
Good gross profit returns
LEASEHOLD

Business History

Meridian Business Sales are delighted to offer for sale this high turnover off licence which has a solid trading history since the 1990s. Our clients have owned the business since 2004 and are only now placing it onto the market due to their strong desires to emigrate. The business which is run and managed by our clients achieves a very respectable turnover which is derived from offering a large variety of beers, wines and spirits coupled with associated snacks and soft drinks. They also offer an excellent variety of luxury alcohol and associated fancy goods. The premises are exceptionally well presented throughout with our clients going to considerable expense and effort on the shops presentation which has resulted in a truly inviting retail facility for its customers. The shops opening hours are 2.00 pm through to 2.00 am and it operates a safe customer policy past 11.00 pm with a hatch facility from the main door where customers request goods and are served in a safe and appropriate manner. The property also has an excellent security and CCTV system which monitors throughout the whole property and to the front areas from several angles. A new owner has the option if desired to open additional hours with the chance to open on a Sunday which would inevitably increase the already very high turnover. This is without question an exciting opportunity for an individual or family who is looking for a very well presented and successful business with a solid trading history. Meridian Business Sales urge early interest and viewing of this opportunity as businesses of this calibre rarely stay on the market for long.

Lease Terms:

Leasehold Original length: 25 years Remaining: 20 years Rent: £11,500pa