Business for Sale in Stoke-on-Trent, Staffordshire * Price Reduced * Staffordshire based Off-licence Lockup Store

Leasehold Price £49,950

Key Information

Reference
G35251V
Tenure
Leasehold
Status
Under Offer
Region
Staffordshire
Sector
Off Licences
Annual Sales
£342,389.00 Exc. VAT
Rent Payable
£760 PCM
Business Rates
NIl
Accommodation
Negotiatable at extra cost.
  • Lockup Shop
  • Busy Residential Area
  • Cellar for storage
  • Rent £760 PCM
  • Accommodation negotiable

Business Information

EMF welcomes to the market this leasehold lockup off licence/convenience store located on the outskirts of Hanley. The business is situated in a busy residential area on a corner plot and sells wines, beer, spirits, groceries, snacks, lottery and tobacco amongst other essentials. This is an ideal opportunity for a first time business owner looking to run an established business with no immediate competition. One bedroom accommodation can be negotiated at extra cost.

The Off Licence comes to the market due to the owner now focusing on building a property portfolio.

The business generated £410,834 in NET SALES (up to year ending April 2020), showing a GROSS profit of £81,850. We estimate that the business would provide an income in excess of £46,000 per annum (after add-backs) for a full-time working owner.

  • Lockup Shop
  • Busy Residential Area
  • Cellar for storage
  • Rent £760 PCM
  • Accommodation negotiable

Offers around £49,950+SAV| Ref: G35251V

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