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Reference G8266

Convenience Store in Nottinghamshire For Sale

Register to see map and to make an appointment End of parade excellent trading position, NOTTINGHAMSHIRE TOWN

Turnover 22,000
Price 180,000

Features

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

6 windows to SPACIOUS SALES SHOP in the region of 2,200 sq. ft. sales area with Kardean floor, ceiling lighting and recently fitted at considerable expense. New adjustable shelving, 4 display gondolas, 2 checkouts with electronic cash register & EPOS scanning system, Arneg upright 6 glass fronted display deep freezer, 7 Arneg cool display units all with 6 glass fronted doors etc.

Stockroom
Staff w.c.

Turnover

WE ARE INFORMED the turnover currently averages 22,000 p.w. in our opinion offering tremdenous potential for further increase in the right hands. Wholesale newsbill 350 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 150 p.w. The business also has Paypoint.

Staff

The business is at present mainly staff operated. 5 part time staff employed. The business is also assisted by the vendor & his wife on a part time basis.

Trading Hours

Monday - Saturday inclusive - 7.30 a.m. - 9 p.m.
Sunday opening 8 a.m. - 6 p.m.

Outside

Small yard

Tenure

We understand the landlord, subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease at a rental of 17,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable at present after small business relief

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED SELF SERVICE CONVENIENCE STORE WITH FULL FREE OFF LICENCE, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 180,000 plus STOCK AT VALUATION (40,000/50,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 90,000 (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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