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Convenience Store in Pontypridd For Sale

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

Register to see map and to make an appointment End of terrace, residential area, MID GLAMORGAN, SOUTH WALES PONTYPRIDD

Turnover 9,500
Price 70,000 / 370,000

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus On Line National Lottery

SPACIOUS SINGLE FRONTED SALES SHOP with tiled floor, suspended ceiling with LED concealed lighting. The equipment includes 2 glass topped chest display deep freezers, upright glass fronted deep freezer, 1 open cool display unit, 3 upright double door glass fronted display fridges (owned), 3 single door glass fronted display fridges (all on loan), shelving etc.

It will be appreciated upon inspection that the shop could benefit with a certain amount of refitting.

Large stockroom with kitchen area
Office
Staff cloakroom with w.c. & wash hand basin
Large basement (not utilized at present)

Turnover

WE ARE INFORMED the turnover averages 9,500/10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 300 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 120 p.w. The business also has Paypoint.

Staff

The business is at present operated by a husband & wife team with the assistance of 2 part time staff.

Trading Hours

Monday - Saturday inclusive - 6.30 a.m. - 10 p.m.
Sunday opening - 7 a.m. - 10 p.m.

Accommodation

The SPACIOUS living accommodation DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

5 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Fitted Kitchen

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of 23,400 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 after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 70,000 plus STOCK AT VALUATION (25,000/30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 370,000 plus STOCK AT VALUATION (25,000/30,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 35,000 (lease) 259,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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