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Convenience Store in Barnet For Sale

Convenience Store in Barnet For Sale
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Register to see map and to make an appointment Situated end of parade, excellent main road trading position, HERTFORDSHIRE BARNET

Turnover 8,000
Price 80,000

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

ATTRACTIVE DOUBLE FRONTED SALES SHOP approximately 5m wide by 10m depth non-slip floor. Well equipped including counter, till with scanning system, ice cream deep freezer (owned), 1-3.75m open cool display unit (used for beers, soft drinks & water), 1 single door glass fronted display fridge (used for wines), 1 single door glass fronted display fridge, 1 open cool display unit (used for dairy produce, milk etc), glass topped chest display deep freezer, modern shelving etc.

Storage area
Kitchen
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 8,000/9,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 350 p.w. We are further advised that the gross profit is in the region of 25%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of 40 p.w.

Staff

At present operated by the vendor with the assistance of 1 full time staff.

Trading Hours

Sunday - Thursday inclusive - 6 a.m. - 12 midnight
Friday & Saturday - 6 a.m. - 1.30 a.m.

Outside

Parking space for 1 car

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of 14,500 p.a. exclusive of rates for the next 2 years with rent to be agreed thereafter.

Uniform Business Rates: 5,155 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 80,000 plus STOCK AT VALUATION (35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 40,000 (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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