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Impressive Convenience Store in South Wales For Sale

Impressive Convenience Store in South Wales For Sale
Impressive Convenience Store in South Wales For Sale Buy a Impressive Convenience Store in South Wales For Sale Sell a Impressive Convenience Store in South Wales For Sale Impressive Convenience Store in South Wales For Sale for Sale Impressive Convenience Store in South Wales For Sale for Sale Impressive Convenience Store in South Wales For Sale for Sale Impressive Convenience Store in South Wales For Sale for Sale Impressive Convenience Store in South Wales For Sale for Sale Impressive Convenience Store in South Wales For Sale for Sale

Register to see map and to make an appointment Unopposed trading proposition with no competition, residential & tourist area, DYFED, SOUTH WALES

Turnover 18,500
Price 589,950

Features

Unopposed Freehold Convenience Store, off Licence & Counter News

PREMISES 1,663.5ft (154.54M). SINGLE FRONTED PREMISES WITH SHUTTERS. Sales counter, industrial non-slip floor, EPOS scanning system with 2 tills, modern adjustable shelving, 4 open cool very large display units, 2 glass fronted freezers, ice cream freezer, slush machine, f'real machine (for milkshakes), hotspot for pies, microwave, coffee machine, etc

Staff toilet with w.c. and wash hand basin.
Stock room / Store room.
Walk-in coldroom.
Stockroom with freezers and side access for deliveries.

Turnover

WE ARE INFORMED by the owner the turnover currently averages 18,500 p.w. with a gross profit of 25% approx. WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

Approx. 125 per week commission from PAYPOINT
Approx. 125 per week commission from NATIONAL LOTTERY
Approx. 400 per quarter (summer) commission from ATM

Staff

At present operated by the vendor part time (2 days per week) with a full time manager & 7 part time staff as required.

Trading Hours

MONDAY - SUNDAY INCLUSIVE 8am - 8pm
In our opinion having terrific potential for additional opening hours, if desired.

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the left of the shop to FLAT with Electric Heaters, DOUBLE GLAZED windows inGOOD CONDITION, at present let on a shorthold tenancy providing a rental income of 700 per month over 2 floors:

1 Double Bedroom
Kitchen
Lounge with large balcony overlooking the sea
w.c. & wash hand basin

Stairs to

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin

Outside

Spacious free paking to the front

Tenure

FREEHOLD.

NIL Business Rates after full relief (Please contact local authority to confirm) plus WATER RATES PAYABLE.

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 589,950 plus STOCK AT VALUATION (60,000 APPROX.)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 412,965 (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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