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Reference G8331

Supermarket in South Wales For Sale

Register to see map and to make an appointment Village residential area, GWENT, SOUTH WALES

Turnover 16,000
Price 165,000

Features

Profitable Semi-detached Village Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 1,150 sq. ft. sales area. Newly fitted approximately 2 years ago. Non-slip floor, suspended ceiling with concealed lighting. The equipment includes 2 upright glass fronted display deep freezers, ice cream deep freezer (owned), 3-3.75m open cool display units, counter, electronic cash register with scanning, modern adjustable shelving, 2 centre display gondolas etc.

Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 16,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 400 p.w. Gross profit 22% approx.

Staff

The business is at present operated by a husband & wife team with the assistance of 4 part time staff.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 10 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Double Bedrooms
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge
Fitted kitchen

We understand that planning permission has been granted for an additional bedroom with en suite facilities

Outside

Garage at rear used for storage purposes.
Garden at side & rear

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to granta new 15 years full repairing and insuring lease at a rental of 25,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 165,000 plus STOCK AT VALUATION (35,000/40,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 82,500 (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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