Search more Convenience Stores for sale in Spalding
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Convenience Store in Spalding For Sale

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

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

Turnover 5,500
Price 30,000

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 currently averages 5,500 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 having approximately 8 years unexpired at a rental of 10,400 p.a. exclusive of rates up to December, 2021 with rent to be agreed thereafter.

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 30,000 plus STOCK AT VALUATION (12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 15,000 (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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