Well Established Off Licence in Wolverhampton


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Property Details

This is an Off License which has been established since 2008 in Wolverhampton , 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.

.The business currently works on a good gross profit and the current proprietor enjoys a salary of £700 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% Financial Information The current turnover stands at £6,000 + per week and growing ! Lease The premises are held on a 11 year lease  The rent is currently £11,000 per annum.  The business rates are ZERO per annum. Trading Hours Monday – Sunday 10am-10pm

Property Description 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 left 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 wall  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 a stock   and there are toilet facilities. . Parking to front and the premises has full CCTV.

All Fixtures & Fittings are included in the sale  with Stock extra .

Potential for Payzone , Paypal , Lottery , Greeting Cards  and more Convenience goods .  The area will soon have a further 300 new houses built in close vicinity of the shop … Greater Footfall !!

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information

Viewing Arrangements All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please ring 0121 452 5133 /07775903332

Note: Library images may have been used for display purposes

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