Development Opportunity In Northern Ireland | | Undisclosed County Tyrone | | Retail/Investment Opportunity, Co Tyrone Weekly t/o £24,000 GP 17% profitable convenience store with redevelopment plans approved to provide cafe, off licence, replacement Chinese takeaway, new 3200 sq ft supermarket and 2 first floor units Freehold | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 12890
ADVERT IMPRESSIONS : 26,132 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Land & Development Sites | | SALE: | Agent Sale | FREEHOLD: | £2,100,000 + SAV | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Amberglobe is delighted to offer for sale this fantastic investment opportunity. Established in 1980 and under present ownership since 2005, Dromore Vivo has steadily grown to its present weekly turnover of £24,000 achieving a gross profit of 17%. Our client has plans approved to redevelop the site to include a 2,500sqft shop, 3 new retail units and 2 offices. Rents to be achieved from these are £200 per week on the 3 ground floor units, £100 per week on the two upper units and £1,000 per week on the retail store. Annualised rents will therefore achieve a total income of approx £100,000. Currently the Chinese restaurant owner has signed a lease agreement for another twelve years. This is a solid investment opportunity and any buyers can ultimately choose to follow this or substitute their own ideas. You may, for example, be interested in running the store yourself. Projected annual gross profits of around £500,000 per year are easily achievable. Bag A Business urges prompt action on this investment opportunity as our client, an experienced investor and retailer, will withdraw this from the market within 6 months to pursue this himself. Copies of the plans are available from Amberglobe.
| | | | | | FOR SALE | | | | | REFERENCE: | 8291 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
