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 £13,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit we are advised in excess of 20%. In addtion, the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approx. £220 p.w. Also in addition the business is agents for Paypoint and we understand this provides a further commission of approx. £100 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
IMPRESSIVE DOUBLE FRONTED SALES SHOP approx. 1,600 sq. ft. sales shop with tiled floor, suspended ceiling. The equipment includes counter, EPOS scanning system with 2 tills, modern adjustable shelving, 2 centre display gondolas, 1 large glass sliding topped chest display deep freeze, 3 additional glass topped chest display deep freezes, 2-2m cool display units etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Kitchen
Staff
The business is at pressent operated by the vendor with the assistance of 8 part time staff. 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, the present lease having approximately 9 years unexpired at a rental of £10,000 p.a. plus VAT, exclusive of rates, with rent revisions.
