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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 2,539 TIME(S)
BUSINESS REFERENCE : C7044 / RightBiz

WELL FITTED FULL FREE OFF LICENCE, CONFECTIONERY, TOBACCO

 

 
ATTRACTIVE DOUBLE FRONTED SALES SHOP approx. 600 sq. ft. sales area, refitted approx. 2 months ago. Quality tiled floor, suspended ceiling, new adjustable shelving, ice cream deep freeze (owned), 3 upright double door drinks display fridges, 2 electronic cash registers, counter. Stockroom with shelving 2 staff cloakrooms each with w.c. and wash hand basin

BUSINESS LOCATION:

Undisclosed Northamptonshire UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Off Licences

SALE:

Agent Sale

FREEHOLD:

£295000

LEASEHOLD:

£95000
   
 
   

BUSINESS DETAILS:

Location Situated in a parade, residential area, NORTHAMPTONOpening Hours 11 a.m. - 9 p.m. seven days per week
It will be appreciated upon inspection that there is potential for additional opening hours.Turnover WE ARE INFORMED the turnover averages 7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 25% approx.Tenure The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease in respect of the shop with accommodation over at a rental of 15,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Alternatively should the accommodation not be required, the vendors, subject to satisfactory references, are prepared to grant a new 15 years full repairing and insuring lease in respect of the shop only (excluding the accommodation) at a rental of 12,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: 1,800 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 95,000 plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 295,000 plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation The SELF CONTAINED living accommodation with NIGHT STORAGE HEATERS, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted unitsOutside Service area at rear of paradeStaff The business is at present operated by a husband and wife team with the assistance of their son plus 1 part time staff.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

C7044 / RightBiz

ENQUIRIES:

 
 
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