Search more Convenience Stores for sale in South Wales
Reference G8183

Convenience Store in South Wales For Sale

Register to see map and to make an appointment Densely populated residential area MID GLAMORGAN, S. WALES.

Turnover 7,000
Price 45,000

Features

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

Single fronted medium sized SALES SHOP, fully equipped including shelving, 3 open cool display units, 2 glass-topped chest deep freezes, ice cream deep freeze, counter, etc.

Staff w.c. and wash hand basin.

Turnover

WE ARE INFORMED the turnover currently averages 7,000 p.w., in our opinion offering further potential to increase . Wholesale newsbill 800 p.w.

Staff

At present mainly staff operated. Staff employed 2 full time. 3 newsrounds, delivery charge 1.50 p.w.

Trading Hours

Monday/Saturday incl. 6 a.m. - 11 p.m.
Sunday opening 7 a.m. - 10 p.m.

Accommodation

THE ACCOMMODATION comprises 2 self contained FLAT, comprising:

Flat (1) Currently held on a short-hold tenancy and providing a rental income of 400 per month. The garden level flat has full gas fired central heating and compises:

1 double bedroom.
Bathroom with bath, w.c. and wash hand basin.
Living room.
Kitchen.

Flat (2) Situated on the first floor, with gas fired central heating, is at present used by a member of staff and comprises:

1 double bedroom.
Bathroom.
Living room with kitchen area.

Outside

Garden at rear.

Tenure

WE UNDERSTAND the entire premises are held on a secure renewable lease, the present lease having approx. 14 years unexpired at a rental of 11,400 p.a. excl. of rates for the next 2 years, with rent review at that time and thereafter every 3 years.

RECOMMENDED FOR EARLY INSPECTION.

Price

PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, 45,000 plus stock at valuation (20,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 22,500 (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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