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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 3,064 TIME(S)
BUSINESS REFERENCE : G4639 / RightBiz

PROFITABLE LOCK-UP VILLAGE SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, IN-STORE BAKERY, FULL FREE OFF LICENCE WITH SUB POST OFFICE

 

 
No parking restrictions. Spacious single fronted Sales Shop approx. 1,000 sq. ft. sales area, all newly fitted at considerable expense last year. Automatic Door. Air conditioned. Ceramic tiled floor, suspended ceiling with fluorescent lighting. The equipment includes counter, EPOS scanning system with 2 tills plus back-up computer, 2 upright double door drinks display fridges, 1 upright single door drinks display fridge, 3 glass topped chest deep freezes, 1 upright glass fronted display deep freeze, 1 2.5 metre (approx) dairy unit, 1 2 metre (approx) dairy unit, 2 ice cream deep freezes (including 1 on loan), in-store bakery, electronic scales, new adjustable shelving, 2 revolving card stands (on loan), 1 double sided greeting card display stand. Post Office Counter with anti-bandit screen (2 positions). CCTV system including 9 cameras (2 outside), 2 monitors plus video. Burglar alarm system (on an agreement). Stockroom with shelving Office Staff cloakroom with w.c. and wash hand basin plus kitchen area

BUSINESS LOCATION:

Undisclosed Gloucestershire UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

LEASEHOLD:

£110000
   
 
   

BUSINESS DETAILS:

Location Sought after residential area, centre of the COTSWOLDS.Opening Hours Monday - Saturday inclusive - 6 a.m. - 7.30 p.m.
Closing 1 p.m. - 2 p.m. for lunch
Sunday opening - 6 a.m. - 2 p.m.

(It should be noted that the sub post office section closes also 1 p.m. - 2 p.m. for lunch plus halfday Wednesday closing at 1 p.m. and halfday Saturday closing at 12.30 p.m).Turnover WE ARE INFORMED the turnover averages 11,000 p.w. in our opinion offering tremendous potential to increase, especially with additional opening hours. Wholesale newsbill 2,000 p.w. Gross profit 19.5% approx. Post Office salary 25,000 p.a. approx. (including lottery commission of approx. 4,000 p.a).Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of 17,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: 1,700 p.a. approx. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A HIGHLY LUCRATIVE CONVENIENCE STORE COMBINED WITH SUB-POST OFFICE IN THIS SOUGHT AFTER COTSWOLDS LOCALITY. IN OUR OPINION THE BUSINESS HAS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice PRICE TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 110,000 plus STOCK AT VALUATION (40,000 approx. can be reduced)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside 3 garages rented at 53 per quarter each, 1 of which is at present used for storageStaff The business is at present operated by a husband and wife team with the assistance of 1 full time plus 3 part time staff plus additional casual staff at weekends. 5 morning newsrounds. 5 evening newsrounds. 3 Sunday newsrounds. Delivery charge 1.75 p.w.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G4639 / RightBiz

ENQUIRIES:

 
 
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