Search more Convenience Stores for sale in Hampshire
Reference G8227

General Store & Off Licence in Hampshire For Sale

General Store & Off Licence in Hampshire For Sale
General Store & Off Licence in Hampshire For Sale Buy a General Store & Off Licence in Hampshire For Sale Sell a General Store & Off Licence in Hampshire For Sale General Store & Off Licence in Hampshire For Sale for Sale General Store & Off Licence in Hampshire For Sale for Sale General Store & Off Licence in Hampshire For Sale for Sale

Register to see map and to make an appointment Busy road, residential area with school nearby, HAMPSHIRE

Turnover 8,500
Price 99,000

Features

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

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 1,050 sq. ft. sales area. The equipment includes electronic cash register with scanning system (on loan), additional electric cash register, modern shelving, 2 centre display gondolas, 1 upright double door display deep freezer, chest display deep freezer, 2 open cool display units etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 8,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 950 p.w. We are further advised that the gross profit is in the region of 19%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a comission of approximately 70 p.w. The busines has Paypoint.

Staff

The business is at present operated by the vendor on a part time basis with the assistance of 1 part time staff.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening - 7 a.m. - 6 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Small lounge area
Fitted kitchen/dining room

Outside

Small garden

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease in respect of the shop with accommodation over at a rental of 25,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereaftere every 3 years. Alternatively should the accommodation not be required, the vendor, subject to satisfactory references, is prepared to grant a new 16 years full repairing and insurng lease in respect of the shop only (excluding the living accommodation) at a rental of 14,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 99,000 plus STOCK AT VALUATION (26,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 49,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Convenience Stores for sale in Hampshire

Buy a General Store & Off Licence in Hampshire For Sale on NationwideBusinesses.co.uk