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Convenience Store in Cheltenham For Sale

Convenience Store in Cheltenham For Sale
Buy a Convenience Store in Cheltenham For Sale Sell a Convenience Store in Cheltenham For Sale Convenience Store in Cheltenham For Sale for Sale Convenience Store in Cheltenham For Sale for Sale Convenience Store in Cheltenham For Sale for Sale

Register to see map and to make an appointment Situated in a parade of shops residential area, GLOUCESTERSHIRE CHELTENHAM

Turnover 6,750
Price 50,000

Features

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

Outstanding opportunity to acquire a Self Service Convenience Store in our opinion offering terrific potential for further increase in the right hands. Situated in the centre of the Cotswolds.

SPACIOUS SALES SHOP in the region of 900/1,000 sq. ft. sales area with tiled floor, suspended ceiling with LED lighting, 1 glass topped chest display deep freezer, 2 open cool display units, modern shelving, display gondolas, counter, electronic cash register with scanning etc.

Large stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 6,750 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 160 p.w. We understand the gross profit is in the region of 20%. The business is agents for the sale of on line national lottery tickets plus scracth cards & we understand this provides a commission of approximately 50 p.w. The business also has Paypoint.

Staff

At present operated by the vendor with the assistance of his wife (2 days per week) plus a relative is employed on a full time basis.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 11 p.m.
Sunday opeing - 7 a.m. - 11 p.m.

Outside

Rear access for deliveries

Tenure

WE UNDERSTAND THE PREMISES ARE HELD ON A SECURE RENEWABLE LEASE, THE PRESENT LEASE HAVING APPROXIMATELY 12 YEARS UNEXPIRED AT A RENTAL OF 10,000 P.A. PLUS VAT EXCLUSIVE OF RATES, FIXED FOR THE ENTIRE TERM OF THE LEASE.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 50,000 plus STOCK AT VALUATION (20,000/25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 25,000 (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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