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Convenience Store with Newsagents and Off Licence for sale in South Wales

Buy a Convenience Store with Newsagents and Off Licence
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Reference : G5090

Profitable Village SELF SERVICE STORES, NEWS, CONFECTIONERY, TOBACCO, 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
 

Location

Situated in a parade of shops sought after position approx, SOUTH WALES (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £15,000/£16,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £300 p.w. Gross profit 25% approx. In addition, there is an ATM machine and we understand that a commission of approx. £1,000 per month is received. We are further advised that an on line national lottery terminal should be installed August, 2008.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,300 sq. ft. sales area. Refitted approx. 2 years ago. Ceramic tiled floor, suspended ceiling with concealed lighting, modern counter, 2 tills with scanning, 3 upright double door drinks display fridges (all on loan), 2 open cool display dairy units, electronic scales, 3 centre display gondolas etc.

Large stockroom with shelving
Staff kitchen
Office
Staff w.c. and wash hand basin

Staff

The business is at present operated by a husband and wife team with the assistance of 2 full time staff.

Opening Hours

7 a.m. - 10 p.m. seven days per week

Accommodation

The spacious living accommodation all modernised, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

5 Bedrooms (3 large doubles plus 1 additional double)
Bathroom with bath, shower over bath, w.c. and wash hand basin
Separate shower room with shower, w.c. and wash hand basin
Large Lounge
Separate Dining Room
Large Kitchen with fitted units

Outside

Yard at rear. Garage

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £25,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £6,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Reference : G5090

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Convenience Store with Newsagents and Off Licence for sale
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