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Reference G8231

Convenience Store in Bedfordshire For Sale

Convenience Store in Bedfordshire For Sale
Convenience Store in Bedfordshire For Sale Buy a Convenience Store in Bedfordshire For Sale Sell a Convenience Store in Bedfordshire For Sale

Register to see map and to make an appointment Occupying a corner position, residential area BEDFORDSHIRE

Turnover 10,000
Price 160,000

Features

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

Customers' car parking in front of shop for 5/6 cars

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 800 sq. ft. with non-slip floor, suspended ceiling with concealed lighting & well equipped including counter, 1 eelctronic cash register with scanning, 2 glass topped chest display deep freezers, 1-5m open cool display unit (comprising 2 units) & used for soft drinks plus dairy produce, 1-3.75m open cool display unit (used for wines & beers), shelving, 2 display gondolas etc.

Stockroom with shelving
Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages in the region of 10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 300 p.w. We understand 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 60/70 p.w. The business also has an agency for UPS parcel delivery service & we understand this provides a commission of 100 per month.

Staff

The business is at present operated by the vendor on a part time basis with the assistance of 2 full time staff.

Trading Hours

6 a.m. - 10 p.m. seven days per week

Outside

Yard at rear with parking space for 1 car

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 17 years unexpired at a rental of 20,000 p.a. exclusive of rates up to September, 2020 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 160,000 plus STOCK AT VALUATION (30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 80,000 (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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