Off Licence plus Convenience Store in South Wales For Sale

Situated in a parade, town centre position, WEST GLAMORGAN, SOUTH WALES

Turnover £ 11,000
Price £60,000

Features

Well Equipped Full Free off Licence Plus Convenience Groceries, Paypoint, National Lottery

SPACIOUS DOUBLE FRONTED SALES SHOP with new shop front probably in the region of 500 sq. ft. (47M²) sales area. Tiled floor, suspended ceiling with concealed lighting. 7m open cool display unit (used for wines, beers and soft drinks), modern adjustable shelving, counter, 2 tills with EPOS scanning system etc.

Stockroom

Stairs to first floor
Staff w.c. and wash hand basin, shower
Staff room
Kitchen

Stockroom

Turnover

WE ARE INFORMED the turnover averages £11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 25% approx. In addition the business has Paypoint & Lottery.

Staff

The business is at present staff operated. 1 full time & 2 part time staff.

Trading Hours

Sunday - Thursday inclusive - 9 a.m. - 11 p.m.
Friday & Saturday - 9 a.m. - 2 a.m.

Tenure

We understand the premises are held on a new 10 years lease at a rental of £20,000 p.a. with 5 yearly rent reviews.

Uniform Business Rates: £1,450 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 11 YEARS.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£25,000 approx. optional).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote