Profitable SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE
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WE ARE INFORMED the turnover averages £8,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £300 p.w. Gross profit 25% approx. In addition, the business has a Payzone and this provides a commission of approx. £25 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION (£27,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SPACIOUS SINGLE FRONTED SALES SHOP approx. 850 sq. ft. sales area with suspended ceiling, air conditioning. Well equipped including modern adjustable shelving, centre display gondola, 1 glass topped chest display deep freeze, 1 large cool display unit, 2 upright double door drinks display fridges, counter, EPOS scanning system with till etc.
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor at weekends with the assistance of 2 full time staff plus additional casual staff when required.
4 Bedrooms (2 doubles, 2 singles)
Bathroom with bath, w.c. and wash hand basin
Lounge
Separate Dining Room (used as a stockroom at present)
Kitchen
Outside
Garden at rear plus garage
Tenure
We understand the premises are held on a secure renewable lease having approx. 23 years unexpired at a rental of £14,400 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £2,500 p.a. approx. + water rates