Taking £10,000 per week
Superbly & Expensively Fitted
Bargain Leasehold Price £50,000
Freehold Price £399,950
Description and Trade:
A very expensively fitted and superbly presented Off Licence situated in a very busy main road shopping area
The trade is that of a full range of off licence products, soft drinks, snack items etc.
The modern and spacious Sales Area (11.7m x 3.7m) has a suspended ceiling with concealed lighting and is fully fitted with expensive custom built shelving. Fixtures and fittings include three double upright drinks chillers, ice cream freezer, illuminated tobacco products gantry, and serveover checkout with cash register. There is a cash machine installed.
Leading to a shelved Stock Room and separate w.c. facilities. The business has the security of a fitted alarm system and CCTV.
The centrally heated and double glazed accommodation comprises: Lounge; Kitchen; Two Double Bedrooms; Bathroom. The accommodation is let for a rental income of £500 per month.
A superior business having a desirable trading location. Although the current owners choose to close at 9.30pm (Monday to Thursday) there is a ‘late license’ permission in place to trade until 1.00am. If operated this would obviously increase the takings by catering for the busy late night passing pub and club traffic in the area.
Our Client Informs Us That:
Takings and Profitability:
Takings average around £10,000 per week with a gross margin of about 20%. There is commission income from National Lottery Tickets and Travel Cards.
12.00 midday – 9.30pm Monday to Thursday
12.00 midday – 11.00pm Friday & Saturday
Tenure and Price:
Leasehold £50,000 plus stock at valuation. A long Lease will be offered at a rent of £375 per week for the lock-up shop only.
Freehold £399,950 plus stock at valuation for the shop and accommodation.
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