Profitable Lock-up SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, ON LINE NATIONAL LOTTERY, FULL FREE OFF LICENCE.
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WE ARE INFORMED the turnover averages £7,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 20% approx. In addition, the business is an agents for the sale of National Lottery tickets plus scratch cards and we understand that this provides a commission of approx £60 p.w. The business also sells top-up cards and we understand this provides a further income of approx. £25 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SPACIOUS SINGLE FRONTED SALES SHOP 700 sq. ft. approx. The shop has a lino floor, partly tiled, fluorescent lighting and is fully equipped including counter, electronic cash register, modern adjustable shelving, greeting card display stand with drawers, 2 revolving card display stands (on loan), 2 upright double door drinks display fridges (owned and used for beers and wines), 2 open cool display units (both on loan from Coca Cola), ice cream deep freeze (owned) etc.
Stockroom with shelving
Staff w.c. with wash hand basin
Staff
The business is at present operated by a husband and wife team with the assistance of 1 part time staff.
Opening
Hours
7 a.m. - 10 p.m. days per week (The business has potential to open earlier than 7 a.m. if desired).
Tenure
We understand the premises are held on a secure renewable lease, the present lease having approximately 17 years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.
