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Reference C8933

Supermarket in Kings Lynn For Sale

Supermarket in Kings Lynn For Sale
Buy a Supermarket in Kings Lynn For Sale Sell a Supermarket in Kings Lynn For Sale Supermarket in Kings Lynn For Sale for Sale Supermarket in Kings Lynn For Sale for Sale Supermarket in Kings Lynn For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, NORFOLK KINGS LYNN

Turnover 14,000
Price 70,000

Features

Profitable Full Free off Licence Plus Self Service Convenience Store

SPACIOUS SALES SHOP with laminated strip floor. Well equipped including counter, 1 till with scanning system, 1 glass topped chest display deep freezer, 1-3.75m open cool display unit, 1-1m open cool display unit, modern adjustable shelving, centre display gondola etc.

Stockroom with shelving
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 14,000 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 24%. The business has an agency for Paypoint & we understand this provides a commission of approximately 90 p.w.

Staff

At present operated by the vendor with the assistance of his brother on a part time basis

Trading Hours

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

Accommodation

The accommodation situated on the ground floor to the rear of the shop comprises a STUDIO FLAT with FULL GAS FIRED CENTRAL HEATING, comprising:

Living Room/Bedroom
Bathroom with bath, w.c. & wash hand basin
Kitchen

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of 9,000 p.a. exclusive of rates for the next 3 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 70,000 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 35,000 (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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