Counter News Confectionery Tobacco Full Free Off Licence For Sale

Business description

SINGLE FRONTED MEDIUM SIZED SALES SHOP probably in the region of 150 sq. ft. sales area with ceramic tiled floor, suspended ceiling with concealed lighting and well equipped including modern adjustable shelving, ice cream deep freeze, 1 open cool display unit, double door glass fronted display fridge (on loan), counter, electronic cash register etc.

Stockroom probably in the region of 100 sq. ft. partly shelved

Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the landlord, subject to satisfactory references is prepared to grant a new 10/15 years lease at an initial rental of approximately £7,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

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Location:

Residential area DERBY

Business Operation

Expansion potential:

WE UNDERSTAND THE BUSINESS was opened approximately 5 months ago and we are further advised that the turnover is currently in the region of £3,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit we are advised in the region of 24% approx.

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £14,995 plus STOCK AT VALUATION (£5,000 approx). LOAN POSSIBLE TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 9 a.m. - 9 p.m.
NO SUNDAY TRADING
We understand the Off Licence can be open until 11 p.m. each day with the exception of Sundays, when the Off Licence can only be open up to 10.30 p.m.

Employees:

At present operated by the vendor's wife and no staff are employed.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance