|
|
Back to List |
Profitable well equipped SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, ON LINE NATIONAL LOTTERY plus FULL FREE OFF LICENCE
|
|
No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
|
|
Location |
Situated in a parade, busy road, densely populated residential area, HUMBERSIDE
(Please register to make appointments and view addresses) |
|
|
|
Features |
SPACIOUS SALES SHOP approx. 1,100 sq. ft. sales area with tiled floor, suspended ceiling, fluorescent lighting. Well equipped including modern adjustable shelving, counter, 2 electronic cash registers, 2 glass topped chest deep freezes, 4 double door glass fronted display fridges (3 owned plus 1 on loan from Pepsi Cola), 1 upright single door display fridge etc.
Stockroom 300 sq. ft. approx. (can be extended into garage at rear)
|
|
|
|
Turnover |
WE ARE INFORMED the turnover averages £10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £2,000 p.w. Gross profit 17.5% approx. In addition the business is agents for on line national lottery plus scratchcards and we understand that this provides a further income of £150 p.w. We are further advised that an ATM machine is shortly to be installed.
|
|
|
|
Staff |
The business is a family run concern with the assistance of 2 part time staff employed. 3 morning newsrounds, 5 evening newsrounds plus 5 Sunday newsrounds. Delivery charge £1/£2,50 p.w.
|
|
|
|
Opening
Hours |
Monday - Friday inclusive - 6.30 a.m. - 9 p.m.
Saturday & Sunday opening - 7.30 a.m. - 9 p.m.
|
|
|
|
Accommodation |
The accommodation all in GOOD CONDITION, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
|
|
|
|
Outside |
Yard at rear
|
|
|
|
Tenure |
The vendors own the freehold and subject to satisfactory references is prepared to grant a new 21 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £4,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
|
|
|
|
Price |
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £109,000 plus STOCK AT VALUATION (£30,000/£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINS £395,000 plus STOCK AT VALUATION (£30,000/£40,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
|
|
|
|
Reference
: G5261
|
Back to Businesses for Sale
|
|
|
