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Reference G7418

Convenience Store in Bridgend For Sale

Convenience Store in Bridgend For Sale
Buy a Convenience Store in Bridgend For Sale Sell a Convenience Store in Bridgend For Sale

Register to see map and to make an appointment End of terrace, busy road, residential area, SOUTH WALES BRIDGEND

Turnover £ 7,500
Price £52,500

Features

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

SINGLE FRONTED SALES SHOP probably in the region of 300 sq. ft. sales area all recently newly fitted at considerable expense, suspended ceiling with concealed lighting, modern adjustable shelving, centre display gondola, 2-2.25m open cool display units, counter, electronic cash register, double door glass fronted display deep freezer, ice cream deep freezer, magazine display shelving etc.

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages £7,500 p.w. in our opinion offering further potential to 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 £50 p.w. The business also has Paypoint.

Staff

The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 1 part time staff employed. 2 morning newsrounds. Delivery charge £1.20 p.w.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 4.30 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over is at present used partly for stock purposes, comprises:

1 Small Double Bedroom
Shower room with shower, w.c. & wash hand basin
Lounge with fitted kitchen area

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £8,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £52,500 plus STOCK AT VALUATION (£15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 26,250 (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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