Profitable old established SELF SERVICE CONVENIENCE STORE, 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
WE ARE INFORMED the turnover averages £9,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 18% approx. In addition, the business has a Payzone and we understand this provides a commission of approx. £120 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£35,000/£40,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £525,000 plus STOCK AT VALUATION (£35,000/£40,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Available as an optional extra, the vendor owns the adjoining empty shop premises. The shop area is approximately 15ft wide x 25ft depth with ground floor shower and w.c. First Floor 2 rooms plus kitchen and bathroom. As an optional extra the vendor is prepared to let this on a new 16 years lease at a rental of £825 per month, with rent reviews every 4 years.
Also available as an optional extra and adjoining the other side of the shop is the owners freehold residence, fully double glazed and with full gas fired central heating, comprising:
Ground Floor
Entrance to large lounge,
Fully fitted kitchen
Cloakroom with w.c. and wash hand basin
First Floor
2 Double Bedrooms
Large Bathroom with bath, w.c. and wash hand basin
Attic room, ideal for storage purposes
Yard at rear with parking space for 4 cars plus garage
This adjoining residence is available as an optional extra at an asking price for the Freehold Property of £135,000.
Features
Forecourt to -
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 29ft wide x 38ft depth providing a sales area in the region of 1,100 sq. ft. fully equipped including modern adjustable shelving, 2 deep freezes, 1 open cool display unit, 3 upright double door drinks display fridges, 2 single door drinks display fridges, ice cream deep freeze, counter, electronic cash register with scanning plus 1 additional cash register etc.
To the rear are 3 large stockrooms
Staff w.c. with wash hand basin
It will be appreciated upon inspection that there is potential to enlarge the shop into the storage facilities at rear, subject to obtaining the necessary planning permission.
Staff
The business is at present operated by the vendor with the assistance of 1 full time and 1 part time staff.
The accommodation in the form of a FLAT over at present comprises:
5 Bedrooms (4 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Separate shower room with shower, w.c. and wash hand basin
It would be appreciated upon inspection that 1 of the bedrooms could readily be used as a living room and indeed either the bathroom or the shower room could be converted into a kitchenette, if desired.
Outside
Yard at rear with parking space for 1 large vehicle.
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 £20,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Busienss Rates: £2,400 p.a. approx. + water rates
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 25 YEARS AND IS NOW OFFERED FOR SALE DUE TO THE ILL HEALTH AND RETIREMENT
