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Convenience Store in Leicestershire For Sale

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

Register to see map and to make an appointment Residential area LEICESTERSHIRE

Turnover 20,000
Price 180,000 / 595,000

Features

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

CAR PARK FOR APPROXIMATELY 40 CARS

SPACIOUS SALES SHOP in the region of 2,500 sq. ft. sales area with tiled floor plus partly laminated. We understand the shop was refitted approximately 4 years ago. Counter, 2 electronic cash registers with EPOS scanning system plus back office computer, 2 large chest display deep freezers, 1 4-door glass fronted cool display unit (used for beers), 1-2.5m open cool display unit (also used for beers), 1 6-door glass fronted display fridge (used for wines), 1 4-door plus 1 6-door glass fronted display fridges (both used for milk & dairy produce), 1-5m open cool display unit (used mainly for soft drinks), modern adjustable shelving.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is currently in excess of 20,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 500 p.w. The business is agents for the sale of on line national lottery tickets & scratch cards and we understand this provides a commission of 170 p.w. on average.

Staff

The business is at present operated by 1 of the partners on a full time basis plus 1 full time & 3 part time staff.

Trading Hours

Monday - Saturday inclusive - 6.30 a.m. - 9 p.m.
Sunday opening - 7 a.m. - 9 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of 600 per month, however we understand vacant possession can be given on completion, if required. The FLAT comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Outside

Large garden.
Car parking for approximately 40 cars

Tenure

The vendors own the long leasehold property and subject to satisfactory references are prepared to grant a new 15/20 years full repairing and insuring lease at a rental of 27,500 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 180,000 plus STOCK AT VALUATION (50,000/60,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Alternatively the vendor is prepared to consider the sale of the long leasehold property which we understand has approximately 40 years unexpired at a ground rent of only 300 p.a. fixed for the entire term. PRICE TO INCLUDE THE VALUABLE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 595,000 plus STOCK AT VALUATION (50,000/60,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 90,000 (lease) 416,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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