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Reference G8245

Convenience Store, Fruit & Greens & Butchers in Bedfordshire For Sale

Convenience Store, Fruit & Greens & Butchers in Bedfordshire For Sale
Convenience Store, Fruit & Greens & Butchers in Bedfordshire For Sale Buy a Convenience Store, Fruit & Greens & Butchers in Bedfordshire For Sale Sell a Convenience Store, Fruit & Greens & Butchers in Bedfordshire For Sale

Register to see map and to make an appointment Situated in a terrace, busy road, densely populated residential area, BEDFORDSHIRE

Turnover 10,000
Price 99,500

Features

Self Service Convenience Store, Fruit & Greens Plus Halal Butchers

Forecourt used for the display of Fruit & Greens to -

SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 1,000 sq. ft. sales area. 1 8' display deep freezer, 2 6' display deep freezers, 3-tier ice cream display deep freezer, 1 open cool display unit plus 1 small cool display unit, cool display meat counter, 1 butchers block, 1 ban saw, 2 electronic scales, mincer, electronic cash register, 2 walk-in coldrooms

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 10,000 p.w. in our opinion offering further increase in the right hands. We understand that approximately 40% of the turnover is in respect of butchery. We are further advised that the overall gross profit is in the region of 25%.

Staff

The business is at present mainly staff operated. Staff employed 3 full time plus 1 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 8 a.m. - 8 p.m.
Saturday & Sunday opening - 8.30 a.m. - 8 p.m.

Accommodation

The accommodation in the form of 2 SELF CONTAINED FLATS over DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING. Each flat comprises:

2 Bedrooms (1 double plus 1 large attic bedroom)
Shower room with shower, w.c. & wash hand basin
Lounge
Kitchenette

At present 1 of the flats is let on a shorthold tenancy & provides a rental income of 750 per month whilst the second flat in our opinion could be let to provide an additional rental income, if desired.

Outside

Yard at rear plus stockroom

Tenure

The vendow owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insurng lease in respect of the shop with the 2 self contained flats at a rental of 30,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years. (As will be appreciated if the 2 flats are let at 750 per month each the net rental payable would be 12,000 p.a. exclusive of rates).

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE ESTABLISHED 16 YEARS AGO AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REALISTICALLY PRICED FOR EARLY SALE

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 99,500 plus STOCK AT VALUATION (20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 49,750 (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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