Well Fitted Full Free Off Licence, Confectionery, Tobacco | | Undisclosed Northamptonshire | | 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 | | ADVERT NUMBER : 16081 ADVERT IMPRESSIONS : 17,398 TIME(S) | | | | 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. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |