Off Licence for sale in West Midlands

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, main road trading position, residential & commercial area, WEST MIDLANDS

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase, especially with earlier opening & indeed possibly converting to a self service convenience store type operation.

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 25 years full repairing and insuring lease at a rental of £13,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

The accommodation in the form of a SELF CONTAINED FLAT over is currently let & produces a rental income of £100 p.w. however we understand that vacant possession can be given on completion if required. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

12 noon - 10 p.m. seven days per week

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £35,000
Tenure : Leasehold
Status: Available
Sectors:
Confectioners
Off Licences
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