Off Licence for sale in Hertfordshire

Hertfordshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, main road trading position, residential area, HERTFORDSHIRE

WE ARE INFORMED the turnover currently averages £10,000 p.w. in our opinion offering tremendous potential for further increase. In our opinion there is also potential to introduce the sale of newspapers, if desired. PLEASE NOTE THE PURCHASE OF THE BUSINESS IS SUBJECT TO ENTERING INTO A FRANCHISE AGREEMENT. FULL DETAILS AVAILABLE UPON REQEST. Gross profit we are advised 20% approx.

We understand the premises are held on a secure renewable lease having 15 years unexpired at a rental of £12,000 p.a. exclusive of rates up to November, 2016 increasing at that time to £14,000 p.a. exclusive of rates up to November, 2019 with rent to be agreed thereafter.

Uniform Business Rates: £6,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Monday- Saturday inclusive - 8 a.m. - 11 p.m.
Sunday opeing - 10 a.m. - 11 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £119,000 plus STOCK AT VALUATION (£40,000/£45,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £119,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Off Licences
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