Off Licences for sale in Hitchin

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Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £16,950 Annual Turnover: £130,000
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Business Description
EM&F are delighted to offer a well located off licence situated in a sought after part of Hitchin, close to the local market and other amenities.

In the present owner’s hands for less than 12 months and on the market due to personal reasons this business represents an excellent opportunity with good potential for expansion.

An easily run fully independent off-licence retailing a range of beers, wines, spirits as well as cigarettes, sweets and snacks.

We are advised that weekly sales are currently some £2,000 to £2,500 and that the sales achieve a gross profit margin of 20% to 25%.

The business is located in a busy main road less than a mile from Hitchin town centre opposite the market (open Tuesday, Friday, Saturday and Sunday) and close to residential, supermarkets and other amenities.

The lock up leasehold property comprises the ground floor of a semi-detached property fronting the main road.

The single fronted shop front is protected by an electric shutter, with a single door accessing a retail area of some 250 square feet.

Inside the shop is very well presented and well laid out with a counter along one side and with a tiled floor and suspended ceiling with fluorescent lighting.

Equipment includes an electronic till and four glass fronted drinks coolers, of which two are owned outright and two on permanent loan.

To the rear is a large office / storeroom with access to a kitchen / dining room and finally to the rear of the property is a shower room.

PRICE: £16,950 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation.

Trading Hours:

Tuesday to Thursday 10:00 am to 9:00 pm. Friday & Saturday 10:00 am to 10:00 pm. Sunday 10:00 am to 8:00 pm. Closed Monday.

Tenure: Leasehold

Listed by: Everett Masson and Furby
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