Search more Convenience Stores for sale in South Wales
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Well fitted Convenience Store and Off Licence in South Wales For Sale

Well fitted Convenience Store and Off Licence in South Wales For Sale
Well fitted Convenience Store and Off Licence in South Wales For Sale Buy a Well fitted Convenience Store and Off Licence in South Wales For Sale

Register to see map and to make an appointment Residential area, MID GLAMORGAN, SOUTH WALES

Turnover 5,500
Price 55,000 / 290,000

Features

Well Fitted Self Service Convenience Store, Full Free off Licence

The business has been in the same hands for the past 30 years and is now solely offered for sale due to retirement.

LARGE PUBLIC CAR PARK TO REAR (FREE TO USE)

SPACIOUS SALES SHOP probably in the region of 600 sq. ft. sales area, suspended ceiling with concealed LED lighting. 4-door glass fronted display cool unit, 1 4-door glass fronted display unit, greeting card display with drawers, display gondolas, 2 glass topped chest display deep freezers, 1 ice cream deep freezer, counter, till with EPOS scanning system etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 5,500/6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. In our opinion there is potential to introduce the sale of newspapers, if desired. We are further advised that the gross profit is in the region of 18%. Internal ATM machine income in the region of 50 per month. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 130 p.w. The business also has Paypoint.

Staff

The business is at present operated by a husband & wife team with the assistance of 1 part time staff.

Trading Hours

Monday - Saturday inclusive - 7.30 a.m. - 9 p.m.
Sunday opening 10.30 a.m. - 5.30 p.m.

Accommodation

The EXCELLENT accommodation part DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (1 large double plus 2 large singles)
Fully tiled bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge
Fully fitted kitchen/dining room

In addition there is a basement flat at present let on a shorthold tenancy & provides a rental income of 60 per week. The BASEMENT FLAT comprises:

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

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of 22,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable at present

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 30 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 55,000 plus STOCK AT VALUATION (25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 290,000 plus STOCK AT VALUATION (25,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 27,500 (lease) 203,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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