Profitable SELF SERVICE CONVENENCE STORE (English & Asian Foods) with FULL FREE OFF LICENCE
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 £12,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 22% approx. In addition the business sells E-Top ups plus international phonecards and we understand this provides a commission of approx. £180/£200 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION (£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 8 metres wide x 10 metres depth with ceramic tiled floor, suspended ceiling with concealed lighting, 2 air conditioning units. The equipment includes modern adjustable shelving, centre display gondola, 3 glass topped chest deep freezes, 1-2 metre open cool display unit, 1 upright double door drinks display fridge, 1 upright single door drinks display fridge (both used for soft drinks), 2 upright double door drinks display fridges (used for wines and beers), 2 electronic cash registers etc.
Stockroom
Office
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present mainly staff run with 3 full time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
We understand the premises are held on a secure renewable lease having approximately 18 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £6,500 p.a. approx. + water rates