Off Licences for sale in Sale

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Established Off Licence With Accommodation - Sale

Sale, Greater Manchester, England

  • Freehold Price: £275,000
  • Annual Turnover: £160,542
  • Annual Gross Profit: £34,147
Seller Reference: 7333
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Business Description
 
 
 
 
 
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Seller Reference: 7333
Request Details
Business Description
Main Road Trading Position
Accounts Available Year End 30th April 2020
Annual Turnover £160,542
Gross Profit £34,147
Accounts Available After Viewing
Self Contained Accommodation
Established 2001
Owner Operator / No Staff
Fully Equipped
Well Presented
Scope To Extend Opening Hours
Potential For New Product Lines
Scope For Shop Extension
EPC - E
REF 7333 – Freehold Off Licence With Accommodation

Blacks Brokers are pleased to bring to the market this freehold off licence with accommodation located in Sale, Greater Manchester.

INTRODUCTION

V & M Wines was established by our client in this busy area of Sale in 2001. The business offers a range of wines, beers and spirits and is very well known in this area. The business has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation.

LOCATION

V & M Wines occupies a prominent trading position on the corner of a row of residential properties. The area is densely populated residentially with some commercial properties also nearby which include independent retailers as well as large multiples including Coral and Tesco Express. There are also a number of other local amenities nearby including schools and medical centre. The area is well linked by the M60 with very strong public transport links and parking is available immediately outside the property.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

STAFF

The business operates with our client only in employment.

FINANCIAL DETAILS

V & M Wines has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 30th April 2020 show that the business has an annual turnover of £160,542 and a gross profit of £34,137. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This popular and long established business occupies an enviable trading position in a busy residential area of Sale. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines and longer opening hours, possibly a collection and drop off service where appropriate. There is also scope to convert some of the stock area space into shop space to accommodate a new convenience product range. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Shelving

Racking

Drinks Display Fridge

Chest Display Freezer
Trading hours:
MON - SUN: 13:30 - 19:00
Tenure:
Freehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
V & M Wines operates from the ground floor of a spacious corner property on a busy residential street. The business has large branding and signage on display above a fully glazed frontage which is fitted with secure metal shutters. Inside, the servery/counter is positioned to the side of the shop with cigarette gantry to the rear of this. The shop is well fitted with display fridges and shelving and there is a large storage area to the rear. All areas are fully equipped and presented well.

The first floor accommodation comprises of one bedroom, lounge, bathroom and fitted kitchen. To the rear of the property is an enclosed yard with outside toilet.

Location Details:
Sale
Listed by:
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