Retail premises for sale in Worthing Road, Rustington, Littlehampton BN16

£49,995
Retail premises for sale
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Property description

Business
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.


There is a very loyal customer base who appreciate the businesses focus to offer different wines from around the world not available in supermarkets.

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.



Location
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.

Premises
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.


First floor -


  • 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.

Hours

Monday - Wednesday - 11am to 9pm



Thursday - Saturday
- 10am to 9pm



Sunday
- 12pm to 9pm



Staff
The business is completely staff run with 3 x part time members of the team in place.

Financial Profile
The business generates an annual turnover of approx. £260,000 with a gp of £46,000. For further information please reference B05839.

Arrange Viewing

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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