Off Licence for sale in Southsea

Southsea, Hampshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, HAMPSHIRE

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 16% approx. PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS SUBJECT TO ENTERING INTO A FRANCHISE AGREEMENT. FULL DETAILS UPON REQUEST.

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a current rental of £9,600 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £2,250 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

11 a.m. - 11 p.m. seven days per week

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£25,000 approx. can be reduced)
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:
Confectioners
Off Licences
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