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Reference G8722

Well Fitted Convenience Store plus Off Licence in Lincolnshire For Sale

Well Fitted Convenience Store plus Off Licence in Lincolnshire For Sale
Well Fitted Convenience Store plus Off Licence in Lincolnshire For Sale Buy a Well Fitted Convenience Store plus Off Licence in Lincolnshire For Sale Sell a Well Fitted Convenience Store plus Off Licence in Lincolnshire For Sale Well Fitted Convenience Store plus Off Licence in Lincolnshire For Sale for Sale Well Fitted Convenience Store plus Off Licence in Lincolnshire For Sale for Sale

Register to see map and to make an appointment End of terrace property, excellent main road trading position, residential, office and commercial area, NORTH EAST LINCOLNSHIRE.

Turnover £ 7,000
Price £70,000

Features

Well Fitted Convenience Store Plus off Licence

Newly fitted 2018

DOUBLE FRONTED PREMISES in the region of 500 ft² WITH ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with spotlights. Air conditioning with hot air. Sales counter, cigarette gantry, cash register, 2 open cool display units, modern adjustable shelving, ice cream freezer, 2 glassed topped deep freezers, coffee machine.

Stock room / Store room

Toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a gross profit of 23% approx. Wholesale newsbill £250 p.w. WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £40 per week approx.
PAY POINT £20 per week approx.

Staff

The business is at present operated by the vendor's wife with the assistance of 3 part time staff.

Trading Hours

7 Day week
Monday - Thursday - 6 a.m. - 10 p.m.
Friday & Saturday - 6 a.m. - 10.30 p.m.
Sunday - 7 a.m. - 10 p.m.

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the left of the shop to FLAT with Gas Fired Central Heating, Double-glazed windows in good condition, comprises:

1 Large double Bedroom
Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin

Outside

Parking space for 1 car to the left of the shop.

Tenure

The vendor owns the Freehold and subject to satisfactory references is prepared to grant a new 10 years full repairing and insuring lease with rent reviews every 5 years at a rent of £15,000 p.a. for the first 5 years.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2006 AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£20,000 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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