Freehold Semi-detached Village Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence, On Line National Lottery W | | Undisclosed Isle of Wight | | SPACIOUS SINGLE FRONTED SALES SHOP approx. 650/700 sq. ft. sales area with tiled floor. The equipment includes 2 open cool display dairy units, 1 upright double door drinks display fridge (owned and used for beers and wines), 2 upright single door drinks display fridges (1 owned whilst the other is on loan from Coca Cola), large glass sliding topped chest display deep freeze, ice cream deep freeze (owned), counter, electronic cash register, Bake 'N' Bite oven (owned), hot food display cabinet, modern adjustable shelving. Post office counter with anti-bandit screen (1 position) etc. Storeroom with 2 chest deep freezes plus 2 upright deep freezes Small staff kitchen with additional ice cream deep freeze Staff cloakroom with w.c. and wash hand basin | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 16453
ADVERT IMPRESSIONS : 42,245 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | FREEHOLD: | £325000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location Occupying a sought after position with view of large village green. ISLE OF WIGHTOpening Hours 7 a.m. - 8 p.m. seven days per week
(Please note the Sub Post Office section hours of opening are 9 a.m. - 5.30 p.m. closing 1 p.m. - 2 p.m. for lunch. Saturday opening - 9 a.m. - 12.30 p.m. only).Turnover WE ARE INFORMED the turnover averages 7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the minimum winter turnover is in the region of 4,500 p.w. increasing in the summer months to a maximum of 10,000/11,000 p.w. Wholesale newsbill 750 p.w. Gross profit 18% approx. Post Office salary 16,800 p.a. approx. (including lottery commission of approx. 3,000 p.a). In addition, there is an ATM machine on the premises and we understand the vendor receives a minimum commission of 83 per month. We are further advised that the sales year ending 30th April, 2005 showed 335,240 with a gross profit of 54,525 plus post office salary of 17,749 providing a total gross profit of 72,274.Tenure Uniform Business Rates: Nil payable after full relief
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR APPROXIMATELY 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 325,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation The spacious living accommodation situated on the first floor and with FULL GAS FIRED CENTRAL HEATING, comprises:
4 Bedrooms (1 double with fitted wardrobe, 1 additional double, 2 singles)
At present one of the single bedrooms is used as an office whilst the other single bedroom is used as a utility room.
Bathroom with bath, shower over bath, w.c. and wash hand basin
Lounge
Kitchen with fitted unitsOutside Small yard plus parking at side of property for 2 cars.Staff The business is at present operated by a husband and wife team with the assistance of 3 part time staff. | | | | | | FOR SALE | | | | | REFERENCE: | G5038 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
