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Reference G7608

Convenience Store in Bristol For Sale

Convenience Store in Bristol For Sale
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Register to see map and to make an appointment Situated end of parade, main road trading position, residential area outskirts of BRISTOL close to the GLOUCESTERSHIRE BORDERS BRISTOL

Turnover 15,000
Price 160,000

Features

Well Equipped Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus On Line National Lottery

FREE PUBLIC CAR PARK NEAR THE PARADE (Limited to a maximum of 2 hours during daytime)

SPACIOUS SALES SHOP probably in the region of 1,300 sq. ft. sales area. Non-slip floor, suspended ceiling with concealed lighting & well equipped including counter, 2 tills with EPOS scanning system, 2 open cool display units (used for dairy produce & milk), 2 additional open cool display units (used for wines & beers), in addition there are 2 open cool display units (on loan from Coca Cola), 2 upright double door glass fronted display deep freezers, 2 chest deep freezers, modern shelving etc.

Stockroom
Small kitchen
Staff cloakrom with shower, w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 15,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 450 p.w. We are further advised that the gross profit is in the region of 20%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of 60 p.w. The business also has Paypoint. The business also has Western Union which we understand provides a commission of approximately 100 per month.

Staff

At present operated by the vendor with the assistance of 1 full time & 2 part time staff.

Trading Hours

6.30 a.m. - 11 p.m. seven days per week

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of 22,000 p.a. plus VAT exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 9,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 160,000 plus STOCK AT VALUATION (50,000 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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