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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 3,124 TIME(S)
BUSINESS REFERENCE : G5007 / RightBiz

MODERN SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE, ON LINE NATIONAL LOTTERY, PAYPOINT.

 

 
SPACIOUS DOUBLE FRONTED SALES SHOP with tiled floor, suspended ceiling. The equipment includes modern adjustable shelving, 1 glass topped chest deep freeze, 1 open cool display unit (used for wines and beers), 1 additional open cool display unit (used for soft drinks) plus 1 open cool display unit (used for dairy products), modern adjustable shelving, counter, 2 electronic cash registers etc. Stockroom partly shelved Staff cloakroom with w.c. and wash hand basin

BUSINESS LOCATION:

Undisclosed Cleveland UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

LEASEHOLD:

£79500
   
 
   

BUSINESS DETAILS:

Location Situated in a parade, residential area, CLEVELANDOpening Hours 7.30 a.m. - 9.30 p.m. seven days per weekTurnover WE ARE INFORMED the turnover averages 8,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 22% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand that this provides a commission of approx. 250 p.w. The business also has a Paypoint with we understand weekly sales of approx. 5,000 p.w. providing a commission of approx. 50 p.w.Tenure We understand the premises are held on a secure renewable lease having approximately 34 years unexpired at a rental of 11,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: 300 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 79,500 plus STOCK AT VALUATION (15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin (new suite)
Lounge
Kitchen with fitted unitsStaff The business is at present operated by a husband and wife team with the assistance of 1 full time staff.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G5007 / RightBiz

ENQUIRIES:

 
 
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