Search more Convenience Stores for sale in Biggleswade
Reference G7979

Convenience Store in Biggleswade For Sale


Register to see map and to make an appointment Busy road, residential area, BEDFORDSHIRE/HERTFORDSHIRE BORDERS BIGGLESWADE

Turnover 8,500
Price 59,950

Features

Premier Convenience Store, Counter News, Confectionery, Lotto, Payzone, Hermes

SPACIOUS SALES SHOP probably in the region of 700 sq. st. sales area with tiled floor, suspended ceiling with concealed lighting which have all been upgraded to LED. Also including modern adjustable shelving, mazagine display shelving, 2m open cool display unit (used for soft drinks), ice cream deep freezer, 2 centre display gondolas, 2.5m open cool display unit (used for milk & dairy produce), 2.5m open cool display unit (for wines & beers), greeting card display stand, counter, electronic cash register (EPOS system), hot drinks machine. CCTV system with 6 cameras, monitor plus recording. All chillers & freezers have recently had services. Monster drinks chiller, Eskimo Joes slush machine.

Stockroom
Staff w.c. & wash hand basin

Turnover

The turnover currently averages up to 8,500 p.w. increasing week on week with a re-branding to Premier Express. Wholesale newsbill 350/400 p.w. Lotto 600-850 p.w. Hermes commission 60-120 p.w.

Staff

Presently operated by the owner & with the assistance of 2 part time staff.

Trading Hours

Monday - Thursday inclusive - 6 a.m. - 9 p.m.
Friday & Saturday - 6 a.m. - 10 p.m.
Sunday - 7.30 a.m. - 10 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED 2 BEDROOM FLAT recently been refurbished, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy & provides a rental income of 750 per month (9,000 p.a), we understand that vacant possession can be given if required, however 2 months notice would have to be given to the existing tenants. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Outside

Ample parking

Tenure

The premises are held on a 20 years lease, the present lease having approximately 12 years unexpired at a rental of 20,000 p.a. Exempt from rates. We understand the rent reviews are every 4 years and the next rent revision is due in June, 2022. We further understand that the lease is outside the Landlord & Tenant Act,

No Business Rates Payable (only rent)

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS 59,950 plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 29,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Convenience Stores for sale in Biggleswade

Buy a Convenience Store in Biggleswade For Sale on NationwideBusinesses.co.uk