SELF SERVICE CONVENIENCE GROCERIES, NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, FULL FREE OFF LICENCE
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WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £250 p.w. Gross profit 18% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES AND FITTINGS £359,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features
SPACIOUS SINGLE FRONTED SALES SHOP approx. 800 sq. ft. sales area with lino floor, suspended ceiling. Fully equipped including modern shelving, electronic cash register, counter, open cool display unit (used for beers and wines etc), glass fronted 2m chest deep freeze, 1 additional open cool display unit (used for milk and dairy produce), 2 upright double door drinks display fridges (including 1 on loan from Coca Cola) etc.
Stockroom
Staff w.c.
Staff
The business is at present operated by the vendor with the assistance of staff
Opening
Hours
6 a.m. - 10.30 p.m. seven days per week
Accommodation
The accommodtion situated on the first floor with FULL GAS FIRED CENTRAL HEATING, comprises:
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Large Louge
Kitchen/Dining Room
Outside
Yard plus garage used for storage purposes.
Tenure
We understand the premises are held on a secure renewable lease from a private landlord having approximately 6½ years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 1½ years, with rent to be agreed thereafter.
We understand the landlord is prepared to consider the sale of the freehold property with an asking price for the freehold property of £309,000, subject to contract.
Uniform Business Rates: £4,000 p.a. approx. plus water rates
THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 14 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
