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Convenience Store with Newsagents and Off Licence for sale in South Wales

Buy a Convenience Store with Newsagents and Off Licence
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Reference : G5210

SELF SERVICE CONVENIENCE STORE, 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 for free to see full location details
 

Location

Excellent trading position, residential area plus opposite Hospital, SOUTH WALES (Please register to make appointments and view addresses)

Turnover

WE ARE INFOMRED the turnover averages £5,600 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,000 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. £60/£70 p.w.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £67,500 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £190,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Features

Forecourt with parking space for 3 cars.

SINGLE FRONTED SALES SHOP approx. 600 sq. ft. sales area, fluorescent lighting. Counter, till with scanning system, 2 glass topped chest deep freezes, 1 open cool display unit, 2 upright double door drinks display fridges (on loan), 2 upright single door drinks display fridges (1 owned plus 1 on loan), modern shelving, centre display gondola etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

Staff

The business is at present operated by a husband and wife team and no staff are employed. 5 morning newsrounds. Delivery charge 80p p.w.

Opening Hours

7 a.m. - 8.30 p.m. seven days per week

Outside

Yard at rear

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 10 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 3 years, with rent reviews thereafter.

Uniform Business Rates: £800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Reference : G5210

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Convenience Store with Newsagents and Off Licence for sale
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