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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Situated in a parade just off the High Street, residential and commecial area, LINCOLNSHIRE (Please register to make appointments and view addresses)

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,500 sq. ft. sales area. Newly fitted approx. 4 years ago. Tiled floor, suspended ceiling. The equipment includes modern adjustable shelving, checkout counter, 2 tills with scanning, glass topped chest deep freeze, 2 Arneg open cool display units (for dairy produce, sandwiches etc), 2 additional Arneg open cool display units (used for soft drinks), 1 open cool display units (used for beers etc), etc.

Large stockroom with shelving
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We understand from the vendor that they hope shortly to receive an on line national lottery terminal which in our opinion would provide tremendous potential for further development of the business. Wholesale newsbill £500 p.w. Gross profit 20% approx.

The business is at present operated by the vendor with the assistane of family help.

Monday - Saturday inclusive - 7.30 a.m. - 9 p.m.
Sunday opening - 9.30 a.m. - 8 p.m.

Yard with parking space for 4 cars

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 25 years full repairing and insuring lease at a rental of £28,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 5 years. (Please note the vendor is also prepared to grant a shorter lease by negotiation if desired).

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £47,500 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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