Off Licences for sale in Middlesbrough

View the "Well-Presented Off Licence In High Street Location" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 We were searching for a retirement business opportunity and we found it on 

Mr & Mrs Neville (Sept 2013)
View More
Leasehold Price: £79,950 Price Reduced Turnover: £328,028 Gross Profit: £51,776
Request Details
Business Description
Hilton Smythe is delighted to welcome to the market Village Wines. Our client first took over this successful store in 2010. This is a popular business that can be highly profitable. The owner is now looking to sell the business due to other business interests.

The business offers a range of alcohol from world wines, lager, ales, ciders, spirits and alcopops. They also sell some confectionary and soft drinks. The store serves a generous amount of repeat loyal trade and sees a high amount of custom from passing trade.

According to the 2015 accounts, the business generates a healthy turnover of around £328,000 per annum with a gross profit of 16%. We feel the business could benefit from Lottery sales. The Lottery is always a great way of boosting turnover.

The new owner could look in to the option of offering deliveries. The store does have a 24 hour licence which could be utilised more to stand out from any competitors. This area has dense housing which the store could provide the deliveries to. Deliveries and opening later hours should maximise sales.

Our client has run the business to a high standard over the years. This store really is a turnkey opportunity; and would be perfect for any purchaser looking for this type of business in a busy main road location. The store comes fully equipped and also has a walk in safe.

The business requires a new owner with experience who can take this already thriving store to the next level.

Hilton Smythe highly advise early viewing to take in the full quality of this store.  

Village Wines is located in Middlesbrough, North Yorkshire.

The business is situated on an arterial road through the Linthorpe village area of Middlesbrough. This is a popular location in the town due to the high amount of retail stores. On this road there is a convenience store, Greggs, pub, florist, hair salon, pharmacy, Co-op and much more. Directly outside the premise are parking bays for custom. To the side of the row of shops is further free on street parking.

The road on which the business is located runs directly from Middlesbrough to the A174. Middlesbrough centre is just a short 10 minute walk away making this a great location for heavy footfall. This area also benefits from public transport. There is a bus stop directly outside the business and a train station close by.

The business boasts a substantial sized double fronted premise that is located on a busy high street. The front of the store looks presentable with the black and silver sign. The large display windows allow for a bright retail space.

The main retail area is spacious and open plan. There is shelving around the perimeter of the store which are fully stocked. All stock has a place making this a tidy looking store. The counter is to the rear of the premise; from here is a clear view of all the shop.  

Equipment includes-

7 Drinks chillers

1 Fridge unit

Ice cream freezer

EPOS till

Small safe

Walk in safe

Fixtures and fittings

Cigarette gantry

Racking and shelving

Through to the rear is a large stock room which is complete with shelving. There is also an office, walk in safe, kitchen, toilet and access to the yard at the back of the premise. In the yard is an outside storage unit/warehouse.

The premise is secured with remote access CCTV with 8 cameras, roller shutters and an alarm.

We are advised the business is Leasehold.

Original lease length: 12 years

Left on the lease as of April 2016: 6 years

Rent: £19,000 per annum

The business is open-

Monday - Saturday: 10am – 11pm

Sunday: 1pm – 11pm

The business is run and managed by our client with the help of 3 members of staff.

The business generates a turnover in the region of £328,000 per annum.

With a gross profit of around 16%

Tenure: Leasehold

Listed by: Hilton Smythe
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

Seller Reference:
Bookmark and Share
You May Also Like...