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Reference G8581

Village Convenience Store in Northamptonshire For Sale

Village Convenience Store in Northamptonshire For Sale
Village Convenience Store in Northamptonshire For Sale Buy a Village Convenience Store in Northamptonshire For Sale Sell a Village Convenience Store in Northamptonshire For Sale Village Convenience Store in Northamptonshire For Sale for Sale Village Convenience Store in Northamptonshire For Sale for Sale Village Convenience Store in Northamptonshire For Sale for Sale Village Convenience Store in Northamptonshire For Sale for Sale

Register to see map and to make an appointment Situated main road trading position, residential area NORTHAMPTONSHIRE

Turnover 17,000
Price 190,000

Features

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

NO PARKING RESTRICTIONS

SPACIOUS SINGLE FRONTED SALES SHOP in the region of 1,400 sq. ft. We understand refitted approximately 18 months ago. Non-slip floor, suspended ceiling with LED lighting. The equipment includes counter, 2 touchscreen tills with scanning, 6-door glass fronted cool display unit (used for sandwiches & soft drinks), 8-door glass fronted cool display unit (used for meat & dairy produce), double door glass fronted display fridge (used for fruit & vegetables), 1 2-door glass fronted display deep freezer, 1 double door glass fronted display deep freezer, 1 4-door glass fronted cool display fridge (used for beers) in additon there are 3 double door glass fronted display fridges combined & used for wines & beers, modern shelving, display gondolas. CCTV system with 15 cameras, monitor plus recording.

1 large stockroom & 1 small stockroom
Small office
Staff w.c.

Turnover

WE ARE INFORMED the turnover currently averages 17,000 p.w. in our opinion offering further potential in the right hands. We understand that 40 houses are due to be built nearby giving further potential for the business. We are further advised that outlying planning permission has been given for a further 240 houses nearby. Wholesale newsbill 900 p.w. We are further advised that the gross profit is in the region of 19%. The business is agents for the sale of on line national lottery tickets plus scratchcards & we understand this provides a commission of approximately 140 p.w. The business also has Paypoint & Payzone which provides we understand a further commission of approximately 50 p.w. The business has an ATM machine which we understand provides a further revenue of approximately 30 per month. WE UNDERSTAND THE BUSINESS IS OPERATED UNDER A FRANCHISE AGREEMENT WITH APPROXIMATELY 3 YEARS UNEXPIRED. FULL DETAILS AVAILABLE UPON REQUEST.

Staff

At present operated by a husband & wife team with the assistance of 1 full time staff. 2 morning newsrounds. Delivery charge 1.80/2 p.w.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 9 p.m.
Sunday opening - 7 a.m. - 9 p.m.

Accommodation

Available as an OPTIONAL EXTRA on a shorthold tenancy at a rental of 750 p.m. is the SPACIOUS living accommodation situated on the first floor DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

1 Double Bedroom with fitted wardrobe, en suite shower room with shower, w.c. & wash hand basin
2 Further Double Bedrooms with fitted wardrobes
Family Bathroom with bath, w.c. & wassh hand basin
Large Lounge approximately 20' long
Fully fitted kitchen/dining room

Alternatively there is a 1 bedroom flat available on a shorthold tenancy at 525 per month. Alteratively there is also a Studio flat available on a shorthold tenancy also at a rental of 525 per month.

Outside

Parking space for 2 cars

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 21 years full repairing and insuring lease in respect of the ground floor shop at a rental of 20,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 16 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 190,000 plus STOCK AT VALUATION (30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 95,000 (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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