High Profit Off Licence In Neath South Wales For Sale

Business description

Shop for sale in
Neath town centre ( Around 8 miles from swansea/ south wales)
£140,000

> Shop for sale located in Neath town Centre.
> Long lease (24 years left) can be extended
> This shop recently won awards in the most improved sales in beer&Wine category
> Shop Newly equipped with 7 metres remote deck fridges
> Currently run by owner with One full time and 2 part time staff
> Epos tills
> Brand new refit of whole shop in october 2010 including 7 metres remote fridges costing over £18k alone
(Full refit cost over £30k!)
> Rent 16k per annum
> Cigarettes are sold at whopping margin of 16.5%, Soft drinks
and chocolates are sold at 45%-50%!!!
> Overall profit margin at 23% minimum!!
> Sale £11000-£13000(Sale increasing every week!!)
> Please note, this shop is Equivalent to another business doing 18k plus a week as the profit margin is lot higher!!
> Licence to sell alcohol until 2am(No deals on alchohol given
to customer between 10pm-2am!!)
> Shop also has advantage of paypoint
> Accounts available
> Reason for sale: Other business commitments

Property information

Property:

Leasehold

Lease terms:

24 years but can be extended

Leasehold rent:

£16,000 per annum

Location:

Shop is located in town centre

Size in square feet:

400

Business Operation

Reasons for selling:

Other business commitments

Trading hours:

9am-11pm Sun-Thu & 9am-2Am Fri-Sat

Employees:

4

Years established:

1

Other information

Inventory / Stock value:

£20,000