Property description

Newsagent/Off Licence. Liverpool. Busy parade. Good residential area. PayPoint & Lottery. Established Business. Well presented premises. Leasehold. £39,995. Ref: FR2185

Location
The premises are located on a busy arterial road in this sought after suburb of Liverpool. The premises benefits from its location close to the Greenbank Halls of Residence, Carnatic Halls of Residence student accommodation (belonging to Liverpool University) and St Anthony Primary School. The premises are close to the local railway station, which offers regular services into Liverpool City Centre.

Business Profile
A well established Newsagents/Off Licence with Paypoint, payzone & lottery selling a variety of general groceries together with tobacco, confectionery, news and magazine. The premises are comprehensively equipped for the trade with Coca Cola double door, Pepsi double door fridge, Lucozade double door and Red Bull drinks chillers. 2x double sided sales gondolas, paper and magazine racking, shelving, cards displays, confectionery displays, serve over counter with the National Lottery terminal and cigarette display. The business benefits from good passing trade and roadside parking.

Business History
The business has been established for many years and the current vendor has been trading for 9 years.

Financial Profile
The vendor will be pleased to discuss all financial aspects of the business with prospective purchasers.

Opening Hours
6.00am - 10.00pm Monday - Sunday Extended to 11.00pm on Friday & SaturdayLiverpool City Council have advised verbally that the premises have consent for a licensed premises with the permitted hours of 9.00am - 10.00pm.

Tenure
15 years lease from 2006 at an annual rental of £8,100. Frobishers have not examined any lease documentation and buyer should arrange for their solicitors to verify this information is correct.

Business Rates
Liverpool City Council have provided the following information: Rateable Value: £2,600 Rates payable 2014/15: £1,200.

Accommodation
The store was well presented at the time of our visit. The premises comprise of ground floor retail area which includes the main store area as well as storage area, office and a toilet with W.C and washbasin. Sales Area: 5.61m x 5.41mSale Area & storage: 3.40 x 3.51Office Area: 2.03m x 1.06m

Fixtures & Fittings
A schedule of fixtures and fittings will be made available for prospective buyers.

Price
Leasehold. £39,995 for the goodwill, fixtures & fittings plus SAV.

Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction.

Viewing
VIEWING STRICTLY BY PRIOR APPOINTMENT VIA THE SELLING AGENTS FROBISHERS.For further information then please contact:- Saleem Mohammed Tel: 0151 601 9394 Email: saleem@frobishersuk.com

Property Features :

• Busy parade
• Good residential area
• PayPoint & Lottery
• Established Business
• Well presented premises