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Convenience Store in Lincolnshire For Sale

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

Register to see map and to make an appointment Situated in a terrace, LINCOLNSHIRE

Turnover 3,500
Price 20,000

Features

Village Self Service Stores, Full Free off Licence

DOUBLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, fluorescent lighting. The equipment includes counter, electric cash register with scanning, ice cream deep freezer (owned), 2 open cool display units, modern shelving etc.

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 3,500 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated by the vendor on a part time basis with the assistance of 2 part time staff.

Trading Hours

9.30 a.m. - 9 p.m. seven days per week

Accommodation

The SMALL accommodation situated to the rear of the premises is at present let & provides a rental income of 75 p.w. however, we understand that vacant possession can be given on completion if required. The COMPACT accommodation comprises:

Bedsitting room with kitchen area
Shower room with shower, w.c. & wash hand basin

Outside

Shared yard

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of 10,400 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Currently 3,900 p.a. however should be reduced subject to small business relief.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 4 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 20,000 plus STOCK AT VALUATION (12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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