Off Licences for sale in Derbyshire

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 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (March 2017)
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Leasehold Price: £35,000 Sale Agreed Annual Turnover: £429,000 Gross Profit: £55,770
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Business Description
Same Owner Since 2003
Annual Turnover £429,000
Gross Profit 13%
Semi Retirement Sale
2 Bedroom Flat - £4,440 Per Annum Income
EPC - TBC
REF 5791 – Leasehold Off Licence

Blacks Brokers are proud to bring to the market this leasehold off licence located in the much sought-after area of Allenton, Derbyshire.

INTRODUCTION

Bargain Booze Allenton has been trading here on Osmaston Road for 25 years, with our client in ownership for 14 years. The business has built up a large and loyal customer base and has very much become part of the local community with an excellent reputation established.

LOCATION

Situated on a popular main road close to a large, busy junction, the business is well positioned for much passing trade, in addition to many local residential properties bringing year-round trade. The area is popular with both residents and other local shops and businesses. The shop is close to a well-used bus stop and free parking is available outside the shop.

REASON FOR SALE

Bargain Booze Allenton is only being offered for sale as our client has other business commitments and is looking towards a semi-retirement.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. There will be a new lease being offered to a new owner.

BUILDING LAYOUT AND DESIGN

The business is housed within the ground floor of a large, single fronted retail unit with bold Bargain Booze signage and branding on display and special offers advertised within the glazed frontage and secure metal shutters.
Inside, the shop is presented to a good standard, with stock displayed on wall shelving and central gondolas with modern lighting and flooring throughout. A large, approx. 230-foot storeroom is positioned to the rear of the retail space with separate toilet and staff kitchen.

On the first floor is a self-contained, two bedroom accommodation. This is currently rented out at a cost of £370 per calendar month.

STAFF

The business is currently operating with three, part-time members of staff in addition to our client working on a part-time basis completing admin tasks.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Bargain Booze Allenton has traded solidly over its trading history. The business generates weekly takings of £8,250 including Lottery and Payzone with gross profits of 13% on a consistent basis.

SUMMARY

This leasehold business brings consistent weekly takings from multiple income streams including Lottery and Payzone and offers a new owner a superb opportunity to acquire a long-established and well-known business with a strong customer base and good reputation. There is plenty of scope to develop the business further and there are even more income opportunities through the addition of a new “live-in” owner-operator who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Tobacco gantry

5.8M display fridge (4 tier)

3.4M display fridge

Soft drinks chiller

CCTV 2 systems, 13 cameras combined
Trading Hours:
Sun - Thu - 10am - 8.55pm
Fri & Sat - 10am - 9.25pm

Tenure: Leasehold

Location Details: Allenton

Leasehold Term: Rent: £250 Per Week

Listed by: Blacks Business Brokers Limited
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5791
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