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Reference G8244

Supermarket in South Wales For Sale

Register to see map and to make an appointment Occupying a corner position, end of terrace, residential area, GWENT

Turnover 8,000
Price 50,000

Features

Village Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

DOUBLE FRONTED SALES SHOP probably in the region of 320 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, 2 open cool display units, 1 single door glass fronted display fridge, 1 double door glass fronted display fridge, modern shelving etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 180 p.w. We further understand that the gross profit is in the region of 20%.

Staff

At present operated by the vendor with family help.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 9 a.m. - 9 p.m.

Accommodation

The accommodation situated on the first floor & with FULL GAS FIRED CENTAL HEATING, comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Living room
Kitchen with fitted units

Outside

Garage

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of 14,400 p.a. exclusive of rates for the next 1 year with rent to be agreed thereafter.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 50,000 plus STOCK AT VALUATION (10,000/15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 25,000 (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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