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Reference G8268

Convenience Store in Nottingham For Sale

Register to see map and to make an appointment Sought after position, behind a tram stop, NOTTINGHAMSHIRE NOTTINGHAM

Turnover 4,000
Price 20,000

Features

Self Service Convenience Store, Full Free off Licence

SMALL SHOP all modernised, vinyl floor, LED lighting. The equipment includes ice cream deep freezer, chest deep freezer (not utilized at present), 2 open cool disply units, modern shelving, electric cash register with scanning, counter etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of 4,000/4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands, as especially we understand flats are being built within close proximity of the premises.

Staff

The business is at present operated by a husband & wife team & no staff are employed.

Trading Hours

Sunday - 3 p.m. - 10 p.m.
Tuesday - Thursday inclusive - 10 a.m. - 10 p.m.
Friday & Saturday - 10 a.m. - 11 p.m.

Tenure

We understand the present tenant is paying a rental of 4,500 p.a. exclusive of rates. We further understand that the landlord, subject to satisfactory references, is prepared to grant a new 7 years lease at an initial rental of approximately 4,800 p.a. exclusive of rates with rent revisions.

RECOMMENDED FOR EARLY INSPECTION

Price

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

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