Profitable newly fitted SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE
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WE ARE INFORMED the turnover averages £10,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 20% approx.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £330,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features
SPACIOUS SINGLE FRONTED SALES SHOP approx. 600 sq. ft. sales area with woodstrip floor, suspended ceiling with concealed lighting. We understand the shop was newly fitted approx. 1 year ago. The equipment includes modern adjustable shelving, centre display gondola, 2 sliding upright double door display fridges (1 used for soft drinks, whilst the other is used for dairy produce), 1-1.25m open cool display unit plus 1-3.75m open cool display unit (both used for beers and wines), counter, till with scanning etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by 2 of the vendor's sons plus 1 part time staff at weekends.
The accommodation in the form of a SELF CONTAINED FLAT over, is at present let on a shorthold tenancy and provides a rental income of £100 p.w. however, we understand vacant possession can be given on completion, if required. The accommodation comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 25 years full repairing and insuring lease at a rental of £16,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,100 p.a. approx. + water rates
