Superb and highly profitable SELF SERVICE CONVENIENCE STORE, COUNTER 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
WE ARE INFORMED the turnover currently averages £10,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £480 p.w. Gross profit 25.4%. We are further advised that the sales year ending 31st March, 2006 showed £452,441 with a gross profit of £115,116.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £139,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
New double fronted shop front to attractive Sales Shop approx. 550 sq. ft. sales area. All modernised and newly refitted in April, 2002. The air conditioned sales shop has a tiled floor, suspended ceiling with concealed lighting and is superbly fitted including adjustable shelving, centre display gondola, upright double door drinks display fridge (on loan from Coca Cola), 1 upright single door display fridge (on loan), 1 upright double door drinks display fridge (for wines and beers), 2 large open display dairy cabinets, EPOS scanning system with 2 tills plus backup computer, card display unit etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor with the assistance of 1 full time and 2 part time staff. Wages paid £550 p.w.
It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
We understand the premises are held on a secure renewable lease for a period of 15 years from July, 2000 at a current rental of £13,000 p.a. exclusive of rates up to July 2010, with rent to be agreed thereafter.
Uniform Business Rates: £3,800 p.a. approx. + water rates (metered)
OUTSTANDING OPPORTUNITY TO ACQUIRE A HIGHLY PROFITABLE SELF SERVICE CONVENIENCE STORE WITH FULL FREE OFF LICENCE IN THIS MOST SOUGHT AFTER RESIDENTIAL AREA.
