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Reference G7854

Supermarket, Newsagent and Off Licence in Barry For Sale

Supermarket, Newsagent and Off Licence in Barry For Sale
Buy a Supermarket, Newsagent and Off Licence in Barry For Sale Sell a Supermarket, Newsagent and Off Licence in Barry For Sale Supermarket, Newsagent and Off Licence in Barry For Sale for Sale

Register to see map and to make an appointment Situated end of terrace, residential area, SOUTH GLAMORGAN, SOUTH WALES. BARRY

Turnover 10,000
Price 75,000

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus On Line National Lottery

SPACIOUS SALES SHOP probably in the region of 550 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. Counter, 1 till with EPOS scanning system, ice cream deep freezer, glass topped chest display deep freezer, 1 large open cool display unit, 1 additional open cool display unit, single door glass fronted display fridge etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 200/250 p.w. Gross profit 20% approx.

Staff

The business is at present operated by a husband & wife team with the assistance of 2 part time staff.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 8.30 p.m.
Saturday opening - 8 a.m. - 8.30 p.m.
Sunday opening - 9 a.m. - 7 p.m.

Accommodation

The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, separate shower unit, w.c. & wash hand basin
Lounge
Kitchen with fitted units

Outside

Rear access

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of 16,200 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 75,000 plus STOCK AT VALUATION (25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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