Mailbox Estates presents an opportunity to purchase a high turnover Off License in the beautiful town of Stourbridge.
The Store has been owned by husband and wife since 1998, but unfortunately its time for retirement, giving a new entrepreneur the most amazing opportunity to continue their growing success
With the very well known and popular business turning over a massive £20,000 on average per week what's not to like! The store is well presented to a high standard, with a wide selection of wines, beers, spirits as well as soft drinks fizzy drinks tobacco and lottery.
The Opportunity: * Weekly turnover of £20,000
* Zero business rates
* 15 year NEW lease available!
* Large amount of footfall
* Many of services still to add to increase weekly turnover!
* Established since 1998
* Genuine retirement sale
Weekly Turnover * The business generates an average of £20,000 to £21,000 per week with its limitless opportunities to further increase sales due too its size, why not add delivery, post office or even parcels and offer everything under one roof. *Tobacco sales average around £1,000 per week. *The lottery sales average around £500 per week. (Lottery takings are not included in the counter sales.)
Price * £220,000 OIRO SAV
Tenure *The business is offered for sale on a new 15-year renewable lease with a rent review every fifth anniversary.
Rent: *The rent per year is £25,000.
Rates * We have been advised that there are no business rates payable.
Staff *The store is run under full management of two full time and two part time staff members
Accommodation * There is no accommodation available.
Location: * The store sits alongside other complimentary retail businesses in which creates a large amount of footfall. * Bold signage is displayed above the width of the shop with an entrance door and large glass window that floods the store with natural light.
Internal: * Ground floor - area of approximately 240 m2 * Internally the shop has a generous size storage rooms. * Staff WC to the rear.
Fixtures and Fittings * The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price along with a ATM. * The business also benefits from a full modern CCTV, Alarm System and Shutters.
External: * Highly visible Signage on a prominent main road location. * Park to the front with over 50 spaces.
Regulatory * Premises License Legal costs * Each party to be responsible for their own legal costs in connection with the sale. * Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally.
Trading Information * Full accounts and trading history will be made available to seriously interested parties after they have viewed the business.
Viewing arrangements: * Mailbox Estates highly advise early viewing to avoid disappointment. * Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF.
DEPOSIT * Once an Offer has been accepted the successful buyer/s are required to pay a deposit to secure the sale, and is held in protected client account.