SPACIOUS SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE, ON LINE NATIONAL LOTTERY.
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WE ARE INFORMED the turnover averages £15,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale news bill £1,200 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 that this provides a commission of approximately £70 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £235,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
No parking restrictions. Customer's car parking in front of parade for approx. 15 cars.
New shop front approx. 2 years ago. Approx, 2,000 sq. ft. sales area with tiled floor, new suspended ceiling, 2 large air conditioning/heating units. The shop is well equipped including counter, 2 electronic cash registers, 1 electronic scales, 1-4m open cool display unit, upright double door glass fronted drinks display fridge (on loan from Lucozade), upright sliding double door glass fronted drinks fridge (owned), 1 upright single door drinks display frdige (owned), 2 large glass topped chest display deep freezes, 1 large open ice cream deep freeze, 2 open cool display units (both on loan from Coca Cola), upright double door cool display unit, 3 greeting card display stands (on loan), 2 revolving card display stands (on loan), magazine display shelving etc.
Large stockroom at rear
Walk-in coldroom
2 Staff Cloakrooms
Staff
The business is at present operated by a husband and wife team with the assistance of their son plus 2 full time and 3 part time staff. 4 morning newsboys employed. Delivery charge £1.10 p.w.
The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING comprises:
3 Bedrooms (2 doubles, 1 single)
Shower room with shower, w.c. and wash hand basin
Large Lounge
Fully Fitted Kitchen
Outside
Service area at rear with large garage
Tenure
We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of £22,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £7,000 p.a. approx. + water rates
