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Reference G8225

Convenience Store & Cafe Bar in Buckinghamshire For Sale

Convenience Store & Cafe Bar in Buckinghamshire For Sale
Convenience Store & Cafe Bar in Buckinghamshire For Sale Buy a Convenience Store & Cafe Bar in Buckinghamshire For Sale Sell a Convenience Store & Cafe Bar in Buckinghamshire For Sale

Register to see map and to make an appointment Residential area BUCKINGHAMSHIRE

Turnover £ 5,800
Price £71,000

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus Café / Sandwich Bar

Front area with space for 2 tables & 4 chairs

Total area sq. footage including café & grocery section 1,600 sq. ft.

GROCERY SECTION. SPACIOUS SALES SHOP with tiled floor, suspended ceiling with concealed lighting & fully equipped including 2 large glass topped chest display deep freezers, 1-3.75m open cool display unit, 3-tier ice cream deep freezer, 1 greeting card display stand with drwers under, 1-2.75m open cool display unit, modern shelviing, counter, touchscreen till, upright glass fronted single door fridge etc.

ADJOINING CAFÉ/SANDWICH BAR with access also from the self service store side, suspended ceiling with concealed lighting. Fully equipped including cool display serveover counter. Tables & chairs providing seating for 16 persons plus settee accommodating 2 persons with coffee table. Cool display serveover counter with refrigerated storage section, upright slimline Ben & Jerry ice cream deep freezer (on loan), soup kettle, 2 group coffee machine, coffee grinder, panini toaster.

Rear storage/preparation area with laminated floor, 2 chest deep freezers, 1 upright glass fronted fridge, fan assisted oven (on loan), 2 microwave ovens, open cool display unit, coffee machine (on lease agreement to be taken over),

Turnover

WE ARE INFORMED the turnover in respect of the self service convenience store is in the region of £4,000/£4,500 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 25%. We further understand that the turnover in respect of the café/sandwich bar is in the region of £1,800 p.w. in our opinion offering further potential to increase in the right hands. We further understand that the gross profit in respect of the catering side is in the region of 65%.

Staff

The business is at present operated by the vendor with the assistance of 1 full time and 1 part time staff.

Trading Hours

Self Service Convenience Store
Monday - Saturday inclusive - 8.30 a.m. - 9 p.m.
Sunday - 9.30 a.m. - 7 p.m.

Café/Sandwich Bar
Monday - Friday inclusive - 9 a.m. - 4 p.m.
Saturday & Sunday - 10 a.m. - 3 p.m.

Tenure

We understand the entire premises are held on a secure renewable lease from a private landlord, the present lease having approximately 6 years unexpired at a rental of £16,800 p.a. exclusive of rates for the next 2 years with rent to be agreed thereafter.

Uniform Business Rates: £4,800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL FIXTURES & FITTINGS £71,000 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 35,500 (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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