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Superb Off Licence for sale in Alfreton, Ilkeston, Belper & Ripley

Alfreton, Ilkeston, Belper & Ripley, Derbyshire

Asking Price £69,950
Turnover £500,000

Business overview

Off Licence for sale. Belper, Derbyshire £69950 offers

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Rent per annum

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Business description

This is an Off License which has been established since 1999 in Belper, Derbyshire, and has enhanced its reputation ever since. Being located on a main road this attracts a large amount of the local residents. It is in a high footfall area so benefits hugely from passing trade, especially with its late opening hours. Located in Monopoly position and there is no competition.
The business currently works on a good gross profit and the current proprietor enjoys a salary of £1000 per week after all associated costs (rent , rates, provisions , staff and utilities )
If the new owner chooses to work more hours the profit would increase by 50%

The current turnover stands at approximately £12,000 + per week and growing !

Lease - The premises are held on a 4 year lease with a new longer lease available 6years

Rent - The rent is currently £14,000 per annum.( sub letting the appt above earns the owner £6000 per annum )

Business Rates - The business rates are £2300 per annum.

Trading Hours- Monday - Saturday; 9am-7pm, Sunday; 11-3 pm

This is a single fronted Off License located on a busy main road. As you enter the single fronted premises, you reach the main sales and display area. The counter is located to the right hand side of the entrance, and this boasts a cigarette counter behind. The shop is fully fitted throughout with racking and shelving and is laid out in an aisle format. There is a stunning display of wines and spirits and also large fridges to store the beer.
To the rear of the shop is an office area for the use of the staff and there are toilet facilities. Storage space is available to the rear as is a small kitchen. Parking to front and the premises has full CCTV. New fitted front shutter and window shutters to improve security. Air-conditioning system is fitted. Newspapers and Magazines are sold.
Fixtures & Fittings
The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price.

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