£0 £1000000
£0 £1000000

Off Licence in Prime Trading Location

Bridgnorth, Shropshire

< 1-7 >

Enlarge

Archived

£34,999 +SAV

Ref: B05639

Leasehold

Overview

Please quote reference B05639

Hilton Smythe are pleased to have been given the opportunity to manage the sale of Gill Brothers which is a well established Off Licence with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers which still offers further potential.

The business was founded by the current owners over ten years ago and has been a real labour for them accruing a great reputation and an impressive number of regular customers, many of whom are known by the owners who are popular and well-respected members of the local community.

The business is now being sold, albeit reluctantly and with heavy hearts only due to a wish to concentrate on their other business interests. The vendors are keen to see their beloved Off Licence pass to an ambitious and entrepreneurial new owner (s) who can take this already thriving business to the next level.

Gill Brothers is well stocked and offers a range of products including;

  • Beers, Ciders, Wines and Spirits
  • Crisps and Snacks
  • Cold Soft Drinks
  • Confectionery
  • Cigarettes and Vaping products
  • Batteries
Scope to improve

Advertising and marketing campaign

Maximise the use of social media

Website ideally with an online ordering facility

Extend the opening hours

Reasons to Buy

  • A well-established business with an enviable reputation and many regular customers
  • Low running costs with inexpensive rent and currently no business rates payable
  • Prime trading position in the centre of town
  • Ideal owner managed or partnership business
  • Current owner happy to offer a handover to ensure the continued success
Hilton Smythe highly advise early viewing to avoid disappointment

This lovely little business is likely to attract considerable interest.

Turnover
Gill Brothers generates an advised current turnover of circa £200,000 per annum and has enjoyed higher turnover previously.

Please quote reference B05639

The business is run and managed by our client and her husband.

Monday to Thursday 12.30 – 22.00

Friday, Saturday and Sunday 12.30 – 23.00

Gill Brothers is located in Bridgnorth.

Bridgnorth is a town in Shropshire. The River Severn splits into a High Town and Low Town, the upper town on the right bank and the lower on the left bank of the River Severn. The population at the 2011 census was 12,079.

Bridgnorth grew initially as a market town at the centre of a system of local radial roads linking it with more rural, smaller settlements. Many of these road crossed Bridgnorth at the point on the High Street where the town hall now stands. Bridgnorth is connected to Shrewsbury by the A458 road, to Telford by the A442 road and Wolverhampton via the A454.

Gill Brothers is ideally positioned close to the unusually busy and vibrant shopping centre of Bridgnorth and sits alongside other complimentary retail businesses many of which are interesting independents popular with both locals and tourists. The business benefits from high levels of footfall and passing trade along with regular custom.

The business is nicely presented and maintained with clear visible signage and distinctive livery. There are a number of inexpensive public car parks within easy walking distance.

Gill Brothers occupies the ground floor of an attractive, half timbered, period style property and briefly comprises:

Shop

Windows and glazed door to front creating a light, airy and inviting interior, high ceilings which enhance the feeling of space, bespoke perimeter shelving, central shelving gondolas, glass fronted drinks chillers, bespoke counter with confectionery display and generous wrapping area, cigarette gantry and spirits shelving behind.

WC

There is a staff WC with close coupled toilet and hand wash basin.

Externally

To the rear of the premises is a secure, shared yard.

Tenure
We are advised that Gill Brothers is being sold as a leasehold business opportunity.

The existing lease has approximately 2 years remaining and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The current rent is £9000 per annum which is really reasonable given the size and location of the premises.

We are advised that the business benefits from being exempt from business rates.

Similar Businesses For Sale

7

Popular Convenience Store For Sale

Canterbury, Kent

£89,995 +SAV

Discover Business

13

Reputable Convenience Store For Sale

Brighton, East Sussex

£99,995 +SAV

Discover Business

7

Well established Newsagents/Off Licence for sale

Nottingham, Nottinghamshire

£15,000 +SAV

Discover Business

Need help to find your dream business?

Our buyer matching service can help, sign up today.

Find your dream business

    Sales Negotiator Photo

    Aidan Murphy

    Sales Negotiator

    Need help with finance to purchase this business?

    Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.

    Try our finance calculator

    Finance Calculator

    Powered by Hilton Smythe

    £34,999 +SAV

    6%
    £14,000
    £20,999
    5 years
    £0

    60 monthly payments of

    £0

    Apply Now

    Representative Example

    Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83


    Rates may differ as they are dependent on individual circumstances. Subject to status.

    Popular business searches in the UK