Freehold newly fitted SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE, PAYPOINT, CASH MACHINE
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £4,000 p.w in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £300 p.w. Gross profit 24% approx. We are further advised that there is a commission of approx. £50 p.w. in respect of Paypoint. There is also a cash machine on the premises and we understand this provides an additional revenue at the present time of approx. £180 per quarter.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £350,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features
No parking restrictions
Forecourt with parking space for up to 3 cars
New shop front approx. 6 months ago plus electric shutters
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 800 sq. ft. sales area. Main section with ceramic tiled floor, fluorescent lighting. The shop is well fitted including counter, 2 electronic cash registers with scanning, 1-2m open cool display unit (used for soft drinks and juices), 1-3.75m cool display unit (used for beers, soft drinks, milk etc), modern adjustable shelving, centre display gondola, upright single door drinks display fridge plus 1 upright double door drinks display fridge (both owned and both used for beers at present), ice cream deep freeze, large glass topped chest deep freeze, magazine display shelving. CCTV system with 4 cameras plus 1 monitor plus 1 hard disc recording.
It will be appreciated upon inspection that there is potential to enlarge the shop at the rear, subject to obtaining the necessary planning permission.
Staff
The business is at present operated by a husband and wife team with the assistance of their family.
The accommodation all in GOOD CONDITION, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of £675 per month, however, we understand that vacant possession can be given on completion. The accommodation comprises:
2 Double Bedrooms (with wood strip floor)
Lounge (also with wood strip floor)
Shower room with shower, w.c. and wash hand basin
Kitchen with fitted units
Outside
Large yard. Large store shed. Garage for 2 cars
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £16,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £2,000 p.a. approx. + water rates
OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL FITTED CONVENIENCE STORE WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL TO INCREASE IN THE RIGHT HANDS.
