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Convenience Store in South Wales For Sale

Convenience Store in South Wales For Sale
Convenience Store in South Wales For Sale Buy a Convenience Store in South Wales For Sale Sell a Convenience Store in South Wales For Sale Convenience Store in South Wales For Sale for Sale Convenience Store in South Wales For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, WEST GLAMORGAN, SOUTH WALES

Turnover 30,000
Price 275,000

Features

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

SPACIOUS SALES SHOP in the region of 3,150 sq. ft. sales area with tiled floor, suspended ceiling with LED lighting & well equipped including 3 checkouts with 3 electronic cash registers with scanning, modern shelving, display gondolas, 4-3.75m open cool display units, 3 chest deep freezers, 1 upright deep freezer, CCTV system etc.

Stockroom with shelving
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is currently 30,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 2,000 p.w. We understand the gross profit is in the region of 20%. We further understand that the commission from the sale of on line national lottery tickets plus scratch cards plus Payzone/Paypoint is in the region of 450 p.w.

Staff

The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 4 full time & 5 part time staff.

Trading Hours

Monday - Saturday inclusive - 5 a.m. - 11 p.m.
Sunday - 5 a.m. - 10 p.m.

Accommodation

The SELF CONTAINED accommodation comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Fully fitted kitchen

Outside

Yard at rear

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16/20 years full repairing and insuring lease at a rental of 36,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 8,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 275,000 plus STOCK AT VALUATION (70,000/80,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 137,500 (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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