Convenience Store with Off Licence in Lincolnshire For Sale

Terrace property, busy road, residential area, Lincolnshire.

Price £425,000

Features

Premier Stores with Off Licence, with Atm & Parcel Services

FORECOURT WITH PARKING FOR 2 CARS

DOUBLE FRONTED PREMISES, in the region of 975 ft², Tiled flooring with suspended ceiling and LED lighting. Sales counter, electric cash register. Ice cream freezer, double door chiller, dairy fridge, Soft drinks fridge, beer & wine fridge, vape cabinet, adjustable shelving, CCTV (10 cameras), etc.

Stockroom.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,000 p.w. (with £2,500 p.w. approx. via JustEat deliveries) plus commission items of £1,200 p.a. with a Gross Profit of 30% approx.

Staff

The business is at present operated by the vendor and 1 full time staff.

Trading Hours

6 Day week
TUESDAY - SUNDAY 9 a.m. - 10 p.m.
Potential and demand for Monday opening and longer hours.

Licensed opening hours 6.a.m - 11 p.m.

Accommodation

THE ACCOMMODATION entrance via the shop to Flat above with Gas Fired Central Heating comprises

2 bedrooms (1 Double, 1 Single)
Fitted Kitchen / Diner
Bathroom with bath, wash hand basin and toilet

Outside

Small garden / yard to rear.

Tenure

FREEHOLD

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

Price

TO INCLUDE THE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £425,000 plus STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 297,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote