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Reference G8724

Convenience Store plus Off Licence in Middlesex For Sale

Convenience Store plus Off Licence in Middlesex For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, office & commercial area, MIDDLESEX

Turnover 4,500
Price 50,400

Features

Self Service Convenience Store, Full Free off Licence, National Lottery

DOUBLE FRONTED PREMISES with electric shutters, probably in the region of 800 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. Chest deep freezer, ice cream deep freezer, modern adjustable shelving, 2 open cool display units, counter, touchscreen till & scanner

Stockroom
Staff w.c. & wash hand basin
Shower room
Staff rest area

Turnover

WE ARE INFORMED by the owner the owner the turnover currently averages 4,500 p.w. with a gross profit of 27%. The business is agents for the sale of on line National Lottery tickets providing a commission of 35 p.w. approx. The business also has Paypoint, Ria Money Transfer, DHL & Amazon parcel service.

Staff

The business is at present operated by 1 full time staff plus vendor & partner on a part time basis.

Trading Hours

7 DAY WEEK
Monday - Sunday - 9 a.m. - midnight

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE LEASE from a private landlord, granted for 15 years in 2008 with reviews every 3 years (net review 6th December, 2023), at a current rent of 15,000 p.a.

Nil Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 4 YEARS AND THERE ARE GENUINE REASONS FOR SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 50,400 plus STOCK AT VALUATION (15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 25,200 (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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