Sold
Much Loved & Well Established Off Licence Business
Littlehampton, West Sussex
- Asking Price: £30,000 +SAV
-
Turnover:
The business generates an annual turnover of approx. £260,000 with a GP of £46,000. For further information please reference B05839.
- Tenure: Leasehold
Please Quote reference B05839
Hilton Smythe is delighted to present to the market Hartleys Off Licence, a very well-established business with over 12 years of trading history.
The much-loved business sells an unrivalled choice of award-winning wines, spirits, ales & ciders.
We are advised there are 7-8 suppliers across the range of products sold which will be passed onto any new buyer.
Current sale mix -
- Wines 60%.
- Beers 15%.
- Spirits 20%.
- Snacks, cigarettes & cigars.
Active Facebook page.
All trade is from walk in customers.
There is a very confident team in place which will allow any new buyer the ability to walk in and continue trading with minimal disruption.
The business lease includes a 2 bedroomed flat arranged over the first floor which is currently rented to the shop manager.
Our client is eager to agree a new buyer quickly and therefore offering the business at a low price to obtain a quick sale.
Very rarely do business types of this standard which includes spacious owner’s accommodation come onto the open market and we therefore recommend early viewing to avoid disappointment.
Key Selling Points include -
- Low business rent.
- No business rates.
- 5/5 Facebook reviews.
- Owners accommodation.
- Central to expanding area.
- Busy large of shops with free parking.
- Opportunity to add sales by holding tastings evenings.
- Space to add some tasting tables/chairs.
- New CCTV system throughout.
- Floor mounted safe.
The business is completely staff run with 3 x part time members of the team in place.
MONDAY - WEDNESDAY - 11am to 9pm
THURSDAY - SATURDAY - 10am to 9pm
SUNDAY - 12pm to 9pm
Hartleys Off Licence occupies an enviable trading position on Worthing Road in Rustington, West Sussex.
The business sits along a busy parade of community led shops which includes a hairdresser, laundrette, takeaway, bathrooms showroom & computers business.
Rustington is an affluent area situated on the south east coast between Chichester and Brighton.
Located just off the A259 which is the main coastline link road, the area is enjoying lots of new investment which includes several new housing estates both located within minutes of the off licence.
Nearest mainline station is Angmering.
The business benefits from having free customer parking directly outside.
Ground floor -
- Traditional wood wine bays arranged on both sides of the store.
- 2 x double fronted glass chillers.
- Single glass fronted glass chiller.
- Service counter - central counter with storage, EPOS till system & card machine, rear cigarette gantry, snacks display shelving.
- Staff kitchen area & toilet.
- Living room.
- Kitchen.
- Family bathroom.
- 2 x double bedrooms.
Tenure
We are advised the business is being offered as a leasehold with 10.5 years remaining on a 12-year renewable lease paying just £12,500 per year, the business benefits from full small business relief on the rates paying 0 rates in the current year.
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