Profitable SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY.
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WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering tremendous potential for further increase, especially with the shop being opened earlier in the morning for the sale of newspapers. Wholesale newsbill £400 p.w. Gross profit 20% approx. In addition the business is agents for the sale of On Line National Lottery Tickets plus scratch cards and we understand that this provides an additional income of approx. £75 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Spacious double fronted sales shop approx. 800 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting, well equipped including modern adjustable shelving, 2 centre display gondolas, counter, electronic cash register, 4 upright glass fronted drinks fridges, 2 revolving card display stands (on loan), 2 large glass topped chest deep freezes, 1 glass topped ice cream deep freeze, CCTV system comprising 8 cameras, monitor and video etc.
Stockroom
Cloakroom with w.c. and wash hand basin.
Staff
The business is operated by a husband and wife team and no staff are employed.
The spacious living accommodation, all in GOOD CONDITION, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING comprises:
5 bedrooms (4 doubles, 1 with built in wardrobes, 1 single with shower unit)
Bathroom with bath, w.c. and wash hand basin plus additional separate w.c.
Lounge
Kitchen
Outside
Garage used for stock purposes at present. Covered yard with parking for 1 car.
Tenure
We understand the premises are held on a secure full repairing and insuring lease from a private landlord having 10 years full repairing and insuring lease at a rental of £14,000 p.a. exclusive of rates for the first 2 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £2,279 p.a. plus water rates
OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS PROPERTY COMBINED WITH PROFITABLE SELF SERVICE CONVENIENCE STORE, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.
