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Reference G8736

Convenience Store plus Off Licence in South Wales For Sale

Convenience Store plus Off Licence in South Wales For Sale

Register to see map and to make an appointment Terrace property, excellent trading position, residential area, MID GLAMORGAN

Turnover £ 9,500
Price £265,000

Features

Freehold Convenience Store Plus off Licence

SINGLE FRONTED PREMISES in the region of 175 ft² WITH ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with spotlights, sales counter, cigarette gantry, EPOS till, 2-2.5m open cool display units 2-1/75m open cool freezer unit, modern adjustable shelving, CCTV system (8 cameras, 1 monitor).

Stock room / Store room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,500 p.w. with a gross profit of 22% approx. WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission from PAYPOINT of £15 per week approx.

Staff

The business is at present operated by a husband & wife team

Trading Hours

7 Day week
MONDAY - FRIDAY 7.30am - 9.30pm
SATURDAY & SUNDAY 8am - 9pm

Accommodation

THE SELF CONTAINED ACCOMMODATION Flat with Storage Heaters, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £330 per month, comprises:

1 Double Bedroom
Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin

Outside

Rear yard plus garage

Tenure

FREEHOLD

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £265,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 185,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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