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Reference G7804

Supermarket and Off Licence in York For Sale

Register to see map and to make an appointment Residential area YORKSHIRE YORK

Turnover 11,000
Price 110,000

Features

Self Service Convenience Store, Full Free off Licence

SPACIOUS SALES SHOP in the region of 700 sq. ft. sales area. Newly fitted approximately 2 year ago at we understand a cost of 65,000. Tiled floor, suspended ceiling with LED lighting, 3-3.75m open cool display chillers, 1 upright double door glass fronted display deep freezer, 1 upright single door glass fronted display deep freezer, 3-tier ice cream deep freezer, counter, till with EPOS scanning system, modern shelving etc.

Stockroom 400 sq. ft. approx.
Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 11,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 22%.

Staff

At present operated under management. 1 full time manager plus 2 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

6 a.m. - 11 p.m. seven days per week

Outside

Parking at side for 1 car

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a rental of 14,000 p.a. exclusive of rates for the next 3 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 6,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 110,000 plus STOCK AT VALUATION (40,000 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

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