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Reference G7321
Features
Self Service Convenience Store, Full Free off Licence
SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 350 ft² (32 M²) sales area with tiled floor, fluorescent lighting. The equipment includes counter, 2 electronic cash registers, 1 glass topped chest deep freezer, 2 open cool display units, modern adjustable shelving, centre display gondolas etc.
Large basement in the region of 340 ft² (31 M²) approx used for storage purposes plus office
Staff w.c. & wash hand basin
Turnover
WE ARE INFORMED the turnover averages £14,000 p.w. in our opinion offering further development in the right hands, G.P. 28%.
Staff
The business is at present operated by the vendor with the assistance of 2 full time & 2 part time staff.
Trading Hours
24 hours per day. Seven days per week
Outside
Small yard at rear
Tenure
We understand the premises are held on a 25 years lease granted in 2015 with 5 yearly reviews, next review 2025 at a rent of £33,780 p.a.
Uniform Business Rates: £5,479 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 2004 YEARS AND THERE ARE GENUINE REASONS FOR SALE
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION (£20,000/£25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 70,000 (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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