Off Licence In Northfield Birmingham For Sale

Business description

Off license business for sale with sales of sweets tobacco and a few essential groceries. Sales average £4,600 per week with a gross profit yield of 25% from hours of 12pm to 9pm Monday to Thursday 12pm to 9.30pm Friday and Saturday and 2pm to 8pm Sunday. Premise comprises of ground floor sales area with rear store room and WC and outside to the front forecourt with easy off road parking. The business is situated in a densely populated area on a busy link road just outside Northfield town centre and is really operated under management at present with huge scope for any enterprising new owner to move the business forward. Secured on a lease with approximately 3 years remaining with a rent of £143 per week.

Property information

Property:

Leasehold

Lease terms:

Secured on a lease with approximately 3 years remaining

Leasehold rent:

£7,500 per annum

Location:

Located on a busy link road in a densely populated area and close to a school in Northfield approximately 6 miles west of Birmingham city centre

Premises details:

Ground floor shop with rear stock room and WC and outside front forecourt

Business Operation

Trading hours:

Monday to Thursday 12.00pm to 9.00pm Friday & Saturday 12.00pm to 9.30pm and Sunday 2.00pm to 8.00pm

Employees:

Operated under management

Years established:

The business has been established over 25 years

Other information

Support & training:

Full tuition will be given to any new owner

Financing available:

Can introduce you to various business brokers or banks depending on your circumstances. We now have a qualified commercial broker with us able to offer finance from prime lenders at reasonable interest rates.