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Off Licence in Heart of West End For Sale

Advert Ref: B6835B
Bayswater, London, United Kingdom

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Asking price:
£75,000 (Furniture / Fixtures included)
Sales revenue:
£520,000
Net profit:
£45,000
Years established:
15
Employees:
owner + 3 f/t


Occupies prominent trading posn, in parade of shops, densely pop area, close to stns, Hyde Park, etc. 500 sq ft, tkg £9,000/£10,000 pa @ 30% GP. 25 yrs lse from 1989, 5 yrly reviews, rent £18,500 pa, rates £8,000 pa. Next review in Sept 08, rent in region of £22,000 pa


Property:
Leasehold
Lease terms:
25 years lease was granted in 1989 with 5 yearly rent reviews and the rent of £18,500 pa. Next rent review is due in September 2008 and rent will be in the region of £22,000 pa.

Trading hours:
Mon – Sat 9.00 am – 11.00 pm & Sun 10.00 am – 10.30 pm.
Inventory / Stock value:
£15,000

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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