Old Established Convenience Store in Dorset For Sale

Occupying a corner position, excellent main road trading position, residential area, Dorset.

Turnover £ 8,500
Price £110,000

Features

Old Established Convenience Store

FORECOURT

DOUBLE FRONTED PREMISES in the region of 430 ft² WITH DOUBLE DOORS, suspended ceiling with LED lights, sales counter, EPOS till, open cool display unit, 2x drinks display fridge (glass fronted upright double-door), 3x drinks display fridge (glass fronted upright), CCTV system (12 cameras, 1 monitor).

Toilet with w.c. and wash hand basin.

Kitchen

Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,500 p.w. with a Gross profit of 30% approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £100 per week approx.

Staff

The business is at present operated by the vendor with 2 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 8am - Midnight

Accommodation

1 bedroom flat above the shop.
THE ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

1 Large large bedroom.
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) at terms to be agreed with a starting rent of £21,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, SOLELY BEING OFFERED AS THE OWER IS IS RELOCATING

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION (£20,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote