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Reference G8676

Convenience Store and Off Licence in Wiltshire For Sale

Convenience Store and Off Licence in Wiltshire For Sale

Register to see map and to make an appointment Semi-detached property, excellent trading position, residential area, WILTSHIRE.

Turnover £ 7,000
Price £65,000

Features

Convenience Store & off Licence

2 parking spaces to the front and free street parking,

TRIPLE FRONTED PREMISES WITH ELECRIC SHUTTERS 1,500ft² approx. Suspended ceiling with fluorescent lighting, tiled floor. Sales counter, cash register, 2-5m open cool display units, 2m open cool display unit for display of cheese, modern adjustable shelving, 2 double door glass fronted freezers, ice cream freezer, 2 glass topped deep freezers. CCTV system (8 cameras, 2 monitor).

2 main stock rooms

Stock room with shower
Kitchen / Staff room

Staff toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a gross profit of 22% approx. in our opinion offering tremendous scope to increase with additional lines & longer opening hours. WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of approx. £20 per week from NATIONAL LOTTERY

Staff

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

Trading Hours

MONDAY - SUNDAY 9am - 9pm

Outside

Garden to the side with shed.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the Landlord is happy to grant a new SECURE RENEWABLE lease for 16 years with reviews every 4 years at a rent of £17,000 p.a.

Uniform Business Rates 2021 / 2022 : £2,000 p.a. approx, according to the vendor the premisees are being revalued.

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (can be reduced to £20,000 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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