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Reference G9278
Turnover £ 9,500
Price
£210,000
Convenience Store, with Counter News, Off Licence, National Lottery & Oyster Sales
DOUBLE FRONTED PREMISES, in the region of 1,250 ft², WITH ELECTRIC SHUTTERS. CCTV (16 cameras), tiled flooring suspended ceiling with LED lighting.
Sales counter, electronic cash register, 3.75m chiller, 4 m chiller, deep freeze, ice cream freezer, adjustable shelving, etc.
Stock room.
Staff cloak room with toilet and wash hand basin.
WE ARE INFORMED by the owner the turnover currently averages £9,000 p.w. - £10,000 p.w. with a Gross profit of 20% approx.. Wholesale newsbill £150 p.w.
WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
BUS PASSES £100 per week approx.
The business is at present operated by the Husband & Wife team with 2 full time staff employed.
7 Day week
MONDAY - SUNDAY 6 am - 11 pm
Parking at rear.
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2022 with reviews every 3 years (next review 2028) at a current rent of £23,000 p.a.
Business Rates from April 2026 £800 approx. (Please contact local authority to confirm)
TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £210,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Subject to status, you maybe able to borrow up to £ 105,000 (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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