Profitable well fitted detached SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY
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WE ARE INFORMED the turnover averages £11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,400 p.w. Gross profit 20% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £75 p.w. The business also has Paypoint and we understand this provides a further commission of approx. £15 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £149,500 plus STOCK AT VALUATION (£35,000/£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
No parking problems plus lay-by in front of shop
DOUBLE FRONTED SALES SHOP approx. 650/700 sq. ft. sales area with ceramic tiled floor, suspended ceiling with concealed lighting, modern adjustable shelving, magazine display shelving, 1 greeting card display stand with drawers, 1-3.75m cool display unit (used for beers and wines), 2 additional 2.5m cool display units (1 used for dairy produce including sandwiches whilst the other is utilised for soft drinks etc), 1 glass topped deep freeze, counter, electronic cash register, CCTV system with 8 cameras, 2 monitors plus recording system etc.
Staff
The business is at present operated by the vendor with the assistance of 1 full time staff. 2 morning newsrounds. Delivery charge £2 p.w.
The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
First Floor
2 Bedrooms (1 double, 1 single)
Lounge
Bathroom with bath, w.c. and wash hand basin
Ground Floor
Kitchenette
Outside
Yard at rear with parking space for 1 car plus large steel container utilised for storage purposes.
Tenure
We understand the premises are held on a secure renewable full repairing and insuring lease having approximately 14 years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £1,200 p.a. approx. (after small business relief)