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Business Details
Advert Ref : G5152

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VILLAGE SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, FULL FREE OFF LICENCE plus Pay Point.

  

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

Summary:
Reference: G5152
Categories: Convenience Stores
General Stores
Supermarkets
Off Licences
Confectioners
Location: South Wales
Turnover: £ 9,000 p.w.
Price: £ 345,000 (Freehold)
 
Location

Situated in a Parade, main road trading position, residential area, M Glamorgan, South Wales. (Please register to make appointments and view addresses)

Features

Single fronted with electric shutters, medium sized premises (700 sq. ft. approx.), lino floor, suspended ceiling with fluorescent lighting.

Fully equipped including: sales counter, electronic cash register, modern adjustable shelving, open cool display unit, ice cream freezer, 2 chest freezers, upright double-door drinks fridges, single door Coke fridge,, greeting card display stand, etc.

* CCTV system including 10 cameras, 1 monitor and hard drive recorder.
* 2 Large stockrooms at rear.
* Staff cloakroom with w.c. and wash hand basin.

Turnover

WE ARE INFORMED the turnover averages £9,000 p.w. Gross profit 20 % approx.
* PayPoint sales provides an additional income of £50 p.w. approx.
* Wholesale newsbill £350 p.w.
* A.T.M. provides an additional income of £100 p.w. approx.

Staff

The business is at present operated by the Husband & Wife team and an additional 1 part time staff employed.

Opening Hours

7 Day week (Monday - Saturday) 7am - 9.30 pm Sunday 8 am - 9.30 pm

Accommodation

Enterence via the shop to House with Gas Fired Central Heating, Double-glazed windows
5 Bedrooms (4 double, 1 Single).
Lounge.
Fitted Kitchen/Dining Room.
Bathroom with bath, w.c. and wash hand basin.

Outside

Rear yard
Double garage

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £470 p.a. approx. plus water rates (metered).

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £345,000 plus STOCK AT VALUATION (£25,000 approx.)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Reference G5152

Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.

             

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