Off Licence for sale in Barking

Barking, Essex


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, busy road, close to Station, residential & commercial area, ESSEX

WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering further potential to increase in the right hands. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £90/£100 p.w. In additon there is the rental income from part of the shop being let for computer repairs providing a rental income of £100 p.w.

We understand the premises are held on a secure renewable lease the present lease having approximately 13 years unexpired at a rental of £13,000 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,000 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Monday - Saturday inclusive - 8 a.m - 8 p.m.
NO SUNDAY TRADING

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£12,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £65,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Off Licences
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