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viewing is only via appointment - Please register for free to see full location details
 

Densely populated residential area, HEREFORDSHIRE (Please register to make appointments and view addresses)

SINGLE FRONTED MEDIUM SIZED SALES SHOP in the region of 265 sq. ft. sales area with adjustable shelving, 1 glass sliding topped chest display deep freeze, 1 upright single door drinks display fridge (on loan from Coca Cola), 2 additional upright single door glass fronted display fridges, ice cream deep freeze, counter etc.

Stockroom with 1 fridge/freezer, 1 small upright deep freeze, 1 small fridge, shelving etc.

WE ARE INFORMED the turnover averages £3,900 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £350 p.w. Gross profit 20% approx. In addition the business has a Payzone and we understand the turnover in respect of Payzone is currently in the region of £1,100 p.w.

The business is at present operated by the vendor with the assistance of his partner.

Monday - Saturday inclusive - 7 a.m. - 6 p.m.
Sunday opening - 8 a.m. - 4 p.m.

The accommodation, in good decorative order, comprises:

2 Double Bedrooms plus first floor storage room
Bathroom with bath, w.c. and wash hand basin
Lounge
Separate Dining Room
Kitchen

Courtyard garden with shingle plus plant tubs

We understand the premises are held on a secure renewable lease from a private landlord, the present lease expiring in 2012 at a rental of £8,500 p.a. exclusive of rates. We further understand that the landlord will consider a surrender of the existing lease and the granting of a new 10 years lease at terms and rent to be agreed.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,950 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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