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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

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

Turnover 3,500
Price 40,000

Features

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

DOUBLE FRONTED SALES SHOP approximately 87.5 sq. meters. Non-slip floor, suspended ceiling with lighting, 1 upright double door glass fronted display freezer (owned), 1-2m open cool display unit, 1-3.75m open cool display unit, shelving etc.

Turnover

WE ARE INFORMED the turnover averages 3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 160 p.w. We are further advised that the gross profit is in the region of 22%.

Staff

The business is at present operated by the vendor's husband with the assistance of 1 part time staff.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 10 p.m.
Saturday opening - 8 a.m. - 10 p.m.
Sunday opening - 9 a.m. - 7 p.m.

Accommodation

The accommodation with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy & provides a rental income of 1,100 per month, we understand vacant possession can be given on completion, if required. The accommodation comprises:

4 Bedrooms (2 doubles, 2 large singles)
Bathroom with bath, w.c. & wash hand basin
Shower room with shower, w.c. & wash hand basin
Large Lounge
Kitchen

Outside

Garden

Tenure

We understand the premises are held on a secure renewable lease the present lease having approximately 15 years unexpired at a rental of 16,500 p.a. exclusive of rates for the next 1 year with rent review at that time and thereafter every 4 years. (As will be appreciated with the current rental income from the accommodation of 13,200 p.a. the net rental payable at the present time is only 3,300 p.a).

Uniform Business Rates: 1,615.09 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 40,000 plus STOCK AT VALUATION (10,000/12,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 20,000 (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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