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Reference G8303

General Store & Off Licence in Nottingham For Sale

Register to see map and to make an appointment Situated end of terrace, residential area, NOTTINGHAMSHIRE NOTTINGHAM

Turnover 4,000
Price 35,000

Features

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

SINGLE FRONTED MEDIUM SIZED SALES SHOP occupying a corner position. Tiled floor, suspended ceiling with concealed lighting. The equipment includes 3 deep freezers, 1-3.75m open cool display unit, 1-2.5m open cool display unit, upright double door Coca Cola fridge, counter, electric cash register etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 100 p.w. We understand the gross profit is in the region of 24%. We are further advised that the sales year ending April, 2018 showed in the region of 210,000.

Staff

At present operated by a husband & wife team

Trading Hours

Monday - Thursday inclusive - 6.30 a.m. - 9 p.m.
Friday & Saturday - 6.30 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 8 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 5 years unexpired at a rental of 6,000 p.a. exclusive of rates, fixed for the remainder of the lease.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 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 17,500 (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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