Search more Convenience Stores for sale in Feltham
Reference G7841

Convenience Store and Off Licence in Feltham For Sale

Convenience Store and Off Licence in Feltham For Sale
Buy a Convenience Store and Off Licence in Feltham For Sale Sell a Convenience Store and Off Licence in Feltham For Sale Convenience Store and Off Licence in Feltham For Sale for Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, MIDDLESEX FELTHAM

Turnover 2,000
Price 49,500

Features

Self Service Convenience Store, Full Free off Licence

DOUBLE FRONTED SALES SHOP probably in the region of 450 sq. ft. sales area. Laminated strip floor, suspended ceiling with concealed lighting. The equipment includes 1 chest deep freezer, 1 open cool display unit (used for wines & beers), double door glass fronted drinks display fridge (on loan from Coca Cola), 3 single door glass fronted display fridges (owned), modern shelving, counter, electronic cash register etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 24%. In addition the business has recently commenced Western Union & we understand this is currently providing a commission of 150 per month.

Staff

At present operated by a husband & wife team with the assistance of 1 part time staff.

Trading Hours

9.30 a.m. - 10 p.m. seven days per week

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a 12 months shorthold tenancy & provides a rental income of 1,250 per month. The accommodation comprises:

3 Bedrooms (2 doubles, 1 large single)
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Kitchen with fitted units

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a rental of 17,400 p.a. exclusive of rates up to April, 2018 with rent review at that time and thereafter every 5 years. (As will be appreciated with the current rental income in respect of the flat over currently 15,000 p.a. the net rental payable at the present time is only 2,400 p.a. exclusive of rates).

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 24,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Convenience Stores for sale in Feltham

Buy a Convenience Store and Off Licence in Feltham For Sale on NationwideBusinesses.co.uk