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Reference G8185

Convenience Store & Off Licence in Cambridgeshire For Sale

Convenience Store & Off Licence in Cambridgeshire For Sale
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Register to see map and to make an appointment Prime position, country town CAMBS.

Turnover 7,000
Price 65,000

Features

Self Service Convenience Store, Full Free off Licence

Double fronted Sales Shop, approx. 5m wide x 6m depth, with non slip floor, led lighting. Equipment includes counter, electronic cash register with EPOS scanning system, ice cream deep freeze, 2 double door glass-fronted display fridges (on loan from Coca Cola), 2 sliding double door glass-fronted display fridges (owned and used for wines & beers), 1m open cool display unit, etc.

Stockroom.
Staff cloakroom with w.c. and wash hand basin.

Turnover

WE ARE INFORMED the turnover averages 7,000 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%.

Staff

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

Trading Hours

Monday/Thursday incl. 10.30 a.m. - 11 p.m.
Friday & Saturday 10.30 a.m. - 1 a.m.
Sunday 11 a.m. - 10 p.m.

Tenure

WE UNDERSTAND the premises are held on a secure renewable lease from a private landlord, the present lease having approx. 10 years unexpired at a current rental of 6,960 p.a. excl. of rates up to January 2020, with rent reviews thereafter.

RECOMMENDED FOR EARLY INSPECTION.

Price

PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, 65,000 plus stock at valuation (15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 32,500 (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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