Status: For Sale
Tenure: Leasehold
Leasehold Rent: £15,000 per annum
Turnover: £500,000
Busy Off Licence in Prime Town Centre LocationBusy Off Licence in Prime Town Centre LocationBusy Off Licence in Prime Town Centre LocationBusy Off Licence in Prime Town Centre LocationBusy Off Licence in Prime Town Centre LocationBusy Off Licence in Prime Town Centre Location
£99,950 + SAV

Busy Off Licence in Prime Town Centre Location

For Sale
  • Reference: 13655 H
  • Location: Clevedon, Somerset
Hilton Smythe welcomes to the market Bargain Booze (Clevedon).

This modern store is around 3000 sq ft in total over 2 floors. The store is extremely busy supported by local residents and tourists alike. This ltd company was established by our client in 2008 and only now comes to the market due to our client's other business interests.

The off licence is well presented with produce clearly displayed and is very well stocked with a wide selection of wines, beers and spirits as well as tobacco and confectionery. The business currently runs as a Bargain Booze. If the purchaser would like to end this agreement a 2 months notice would need to be given.

The store generates a very handsome turnover, with the 2016 accounts reporting turnover in the region of £500,000 with a gross profit around 19%.

The upper level is currently unused, offering the potential of extending the retail space and perhaps introduce new product lines to further increase trade.

Early viewing of this prime location business is highly recommended.

TENURE

We are advised leasehold.
The original lease length is 15 years
As of 2017 6 years remain.
Rent is £15,000 per annum

HOURS

The business opens: -

Monday to Saturday 10.30am - 10.00pm

STAFF

The business is owner run and managed with the assistance of 1 full time member of staff.

FINANCIAL PROFILE

The store generates a very handsome turnover, with the 2016 accounts reporting turnover in the region of £500,000 with a gross profit around 19%.
The business is located in the beautiful Victorian seaside town of Clevedon, Somerset.

The off licence occupies a prominent corner premise, minutes away from the plethora of retail outlets, cafes, eateries and town centre amenities. The business receives custom from the many surrounding houses as well as trade from the honeypot of tourists visiting the resort.

Clevedon is a popular family holiday resort with attractions including Clevedon Pier, sea front with pebbled beaches and marine lake, ornamental gardens and light railway running around the perimeter.

The town is accessible from Junction 20 off the M5 and is situated around 13 miles from Bristol and 10 miles from Weston-Super-Mare with good public bus links to both.
Prominent corner premise briefly comprising: -

Colourful signage, clearly visible to passing trade.

Retail area with ample shelving, gondolas, chill cabinets, fridges, wine racking, and coolers for display. Pay station and counter with cigarette dispensary.

Rear ancillary area with stock room and staffing areas.

Stairwell to first floor.

Rear access door to rear yard.

Upper floor currently not used but mirrors ground floor in size and space. -

Contact us today for more information

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