Leasehold Off License
Business for sale
Asking Price:
£28,000
Turnover:
£208,000
Annual profit:
£40,560
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: n527Property: Leasehold
Description
The business is well established and has been in the present hands for some 4 years and is now only being marketed as a result of the vendors ill health. Potential exists for the introduction of grocery lines.
TURNOVER - We are advised t/o averages £4,000 PWK @ 25% GP.
PREMISES - Imposing parade premises with double frontage, full shutters and single entrance to: Retail Area 500 sqft, all round display shelving, counter with elect cash register, 2 twin door upright chillers, 2 single door chillers, tobacco gantry, ice cream freezer. CCTV. 3 Store Rooms: Office: Sep. W.C and W/basin.
Terms of the lease/leasehold
New 15 year lease. Rent £11,000 pa. (5 year reviews)Next review 2013.
Reasons for Selling
Ill health sale after 3 years in current hands.
Location and Property
These impeccably presented shop premises occupy a busy position fronting a Busy Street in the Centre of Edenbridge, serving a well populated residential area, and enjoying a high level of passing trade. The Station is a mere 200 yards distant.
Trading Hours of Business
11am - 10pm (7 days)