Off Licence for sale in Leicestershire

Leicestershire


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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, LEICESTER

WE ARE INFORMED the turnover averages £6,000 p.w. We are further advised that the gross profit is in the region of 25%. The vendor advises us that Camelot are due to install a National Lottery terminal in February. The premises have an advertising board for Lycamobile & we understand that the vendor receives a rental of £180 per month. We understand that a Camelot terminal was installed in February, 2016 & the commission from the sale of on line national lottery tickets plus scratch cards is currently in the region of £45/£50 p.w.

We understand the landlord is prepared to grant, subject to satisfactory references, a new 14 years lease at a rental of £12,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

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

RECOMMENDED FOR EARLY INSPECTION

The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, wash hand basin
Separate w.c.
Small Lounge
Kitchen with fitted units

10 a.m. - 1 a.m. seven days per week
We understand the business is licensed to open from 6 a.m. - 1 a.m. seven days per week, if desired.

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

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business information

Sale price: £40,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Off Licences
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