Leasehold Off-Licence Located In Alcester
This delightful retail Off-Licence business is located in the ancient market town of Alcester in Warwickshire. It sits within a prominent and highly visible trading position in a parade of three shops to include Tesco Express and a Butchers/Greengrocers. Adjacent is another small parade to include a Fish & Chip shop, Coral Bookmakers and a Charity Shop. The immediate area is surrounded by residential properties and the town centre with a population of approximately (7,000) is just a few hundred yards away. Alcester is easily accessible via the A435, A422 and A46, you are 8 miles west of the tourist hotspot town of Stratford Upon Avon and 7 miles south of Redditch where you have a large indoor shopping centre.
Asking Price: £99,950 plus SAV (£60,000)
Veritas Business sales are delighted to offer for sale this delightful Off-Licence which is located in the town of Alcester. The business was established by my clients back in 2014 as is reluctantly being offered for sale so that they can work towards a well deserved retirement. Since ownership they have refitted, refurbished and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Super Wines & Spirits is a family operated business and has an average weekly turnover of circa £15,000 which include National Lottery sales of (£300-£400) per week. They retail a fine selection of beers, wines, spirits, soft drinks, tobacco products, confectionery, crisps, vape products and Paypoint sales which are an additional £3000-£4,000 per week which produces an average monthly commission of circa £80. We believe that there is further potential to increase trade by increasing the vape range as there is no immediate competition for many miles on these products. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.
Sunday – Thursday – 11.00am – 10.00pm
Friday & Saturday – 11.00am – 11.00pm
Original term: 15 years Remaining: 10 ½ years Rent: £22,000 plus vat pa
Reviewed: 5 yearly Rates: £9,600
Retail sales area (approx 1,350 sq ft) comprising: sales counter with EPOS till system, lottery terminal, tobacco kiosk, glass vape display cabinet, sales and display shelves, ice chest freezer, 4 x central display isles, 4 door drinks chiller, large 16 door drinks chiller and CCTV monitor. Stockroom with coded door. Office. Hallway with kitchen area to include sink drainer with wall & base units. W/C with wash basin. Rear store room with small fridge, access to a small boiler room and rear access door to service road.
Rear shared service road.
The property benefits from a CCTV (16 camera) system, redcare alarm, electric roller shutters to front & manual to the rear.