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Reference G8795
Turnover £ 3,750
Price
£47,500
Features
Self Service Convenience Store, Full Free off Licence
Electric shutters to SINGLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area with laminated strip floor, modern adjustable shelving, 1-2.5m open cool display unit, 1-2m open cool display unit, upright double door glass fronted display fridge (on loan), counter etc.
Stockroom
Kitchen
Staff w.c. & wash hand basin
Basement for storage purposes
Turnover
WE ARE INFORMED the turnover currently averages £3,750 p.w. in our opinion offering further potential to increase in the right hands.
Staff
At present operated by the vendor with the assistance of 1 full time & 1 part time staff. It will be appreciated upon inspectiion that with an active husband & wife team, the wage bill could be reduced.
Trading Hours
Monday, Tuesday, Wednesday - 11 a.m. - Midnight
Thursday - 11 a.m. - 12.30 a.m.
Friday & Saturday - 11 a.m. - 1 a.m.
Sunday - 1 p.m. - 11 p.m.
We understand the premises is licensed 8 a.m. - 12 midnight
Tenure
We understand the landlord, subject to satisfactory references, is prepared to grant a new 10 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: Nil payable after small business relief
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £47,500 plus STOCK AT VALUATION (£10,000/£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 23,750 (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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