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Reference G8128

Convenience Store & Post Office in South Wales For Sale

Register to see map and to make an appointment Main road trading position, residential area GWENT, SOUTH WALES

Turnover 15,000
Post Office 20,000
Price 150,000

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus Post office Local

SPACIOUS SINGLE FRONTED SALES SHOP with tiled floor, fluorescent lighting. 2 air conditioning/heating units. Well equipped including 4 open cool display chillers, 2 chest deep freezers, modern shelving, display gondolas, counter, 2 tills with scanning etc.

Stockroom
Office
Kitchen
Staff w.c.

Turnover

WE ARE INFORMED the turnover averages 15,000 p.w. in our opinion offering further potential to increas in the right hands. Wholesale newsbill 1,300 p.w. We are further advised that the gross profit is in the region of 24%. Post Office income in the region of 20,000 p.a.

Staff

The business is at present operated by a husband & wife team with the assistance of their daughter & son plus 2 full time & 3 part time staff.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 11 p.m.
Sunday opening - 7 a.m. - 10.30 p.m.

Accommodation

The ATTRACTIVE accommodation NEWLY REFURBISHED, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
2 Bathrooms with bath, shower, w.c. & wash hand basin
Lounge
Kitchen

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of 30,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years. We are further advised there is a Break Clause every 4 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 150,000 plus STOCK AT VALUATION (50,000/60,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 75,000 (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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