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Convenience Store with Newsagents and Off Licence for sale in Hertfordshire

Buy a Convenience Store with Newsagents and Off Licence
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Reference : G5083

SELF SERVICE STORES, 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

Situated in a parade, main road trading position, densely populated residential area, HERTFORDSHIRE (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering tremendous potential for furter increase in the right hands. Wholesale newsbill £600 p.w. Gross profit 22% 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. £50 p.w.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£5,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

SINGLE FRONTED MEDIUM SIZED SALES SHOP with carpet tiled floor, fluorescent lighting. The equipment includes 1 glass topped chest display deep freeze, open cool display unit, 1 upright double door drinks display fridge (on loan from Coca Cola), 1 upright double door drinks fridge (on loan from Lucozade), 1 additional upright double door drinks display fridge (owned), modern adjustable shelving, counter, electronic cash register etc.

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

Staff

The business is at present operated by one of the partners on a full time basis plus 1 full time staff. 2 newsboys employed. Delivery charge £1.50/£3 p.w.

Opening Hours

7 a.m. - 10.30 p.m. seven day per week

Outside

Yard at rear

Tenure

We understand the premises are held on a secure renewable lease having approximately 11 years unexpired at a rental of £15,000 p.a. exclusive of rates, fixed with no rent revisions.

Uniform Business Rates: £2,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Reference : G5083

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Convenience Store with Newsagents and Off Licence for sale
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