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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 3,956 TIME(S)
BUSINESS REFERENCE : G4981 / RightBiz

PROFITABLE MODERN (BUILT 1960'S APPROX) SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE, ON LINE NATIONAL

 

 
No parking restrictions. Layby in front of parade. Spacious Sales Shop approx. 850 sq. ft. sales area, all modernised and refitted at considerable expense. Ceramic tiled floor, suspended ceiling with concealed lighting. The equipment includes 3 open cool display units (1 used for beers and wines, 1 for soft drinks and snacks, whilst the 3rd unit is used for dairy produed), upright glass fronted display deep freeze, ice cream deep freeze, counter, 2 tills with EPOS scanning system plus back-up computer. CCTV system with 15 cameras plus monitor. Post Office counter with anti-bandit screen (2 positions) etc. Stockroom Staff cloakroom with w.c. and wash hand basin.

BUSINESS LOCATION:

Undisclosed Herefordshire UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

LEASEHOLD:

£210000
   
 
   

BUSINESS DETAILS:

Location Situated in a parade, large residential estate, HEREFORDSHIRE.Opening Hours Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening - 7 a.m. - 8 p.m.Turnover WE ARE INFORMED the turnover averages 11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 1,500 p.w. In addition, we understand the business receives a commission of approx. 120 p.w. from the sale of E-Top-ups. Gross profit 20% approx. Post Office salary 40,000 p.a. approx. (including lottery commission of approx. 5,000 p.a).Tenure We understand the shop is held on a new 20 years Council lease from January 2005 at a rental of 8,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 210,000 plus STOCK AT VALUATION (30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a MAISONETTE over with FULL GAS FIRED CENTRAL HEATING is available on a separate shorthold agreement from a private landlord at a current rental of 440 per month. The Maisonette which does require some redecoration, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large lounge
Kitchen with some fitted unitsOutside Large rear parking area plus 2 garages rented from the Council at 5 p.w. eachStaff The business is at present staff operated. Staff employed Post Office Section 1 full time manager plus duty manager plus 4 part time staff.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G4981 / RightBiz

ENQUIRIES:

 
 
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