Profitable semi-detached SELF SERVICE CONVENIENCE STORE, COUNTER 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
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WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,250 p.w. Gross profit 21% approx. In addition the business has a Paypoint and we understand this provides a commission of between £30/£35 p.w. We understand the present vendors have been awarded an On Line National Lottery terminal and we are further advised that this is to be installed in the very near future.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £390,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features
Layby in front of shop providing customer's car parking
ATTRACTIVE SINGLE FRONTED SALES SHOP approx. 500 sq. ft. sales area with fluorescent lighting. Fully equipped including counter, electronic cash register, 1 sliding glass topped display deep freeze, 3 chest deep freezes, 1-1½m open cool display unit, 4 single fronted drinks display fridges (3 owned plus 1 on loan from Lucozade), modern adjustable shelving, centre display gondola, ice cream deep freeze (owned) etc.
Stockroom with shelving. Bake 'N' Bite (on loan)
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 2 part time staff.
The SPACIOUS living accommodation FULLY DOUBLE GLAZED, FULL GAS FIRED CENTRAL HEATING all in GOOD CONDITION and fully CARPETED, comprises:
4 Bedrooms (3 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Fully fitted Kitchen/Breakfast Room
Outside
Small garden. Store Shed. Garage used for stock purposes
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £850 p.a. approx. (after small business relief)
