Off Licence for sale in Birmingham

Birmingham, West Midlands


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, residential area, BIRMINGHAM, WEST MIDLANDS

WE ARE INFORMED the turnover averages £9,000 p.w. in our opinion offering further potential to increase in the right hands. We are advised that the gross profit is in the region of 20%.

We understand the premises are held on a secure renewable lease having approximately 10 years unexpired at a rental of £12,000 p.a. exclusive of rates for the first 5 years, with rent to be agreed thereafter.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Sunday - 2 p.m. - 10 p.m.
Monday & Tuesday - 12 noon - 10 p.m.
Wednesday - 1 p.m. - 10 p.m.
Thursday, Friday & Saturday - 12 noon - 10 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£35,000/£40,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £59,500
Tenure : Leasehold
Status: Available
Sectors:
Off Licences
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