| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 3,109 TIME(S)
BUSINESS REFERENCE : G5041 / RightBiz FULL FREE OFF LICENCE, CONVENIENCE GROCERIES, COUNTER NEWS, CONFECTIONERY, TOBACCO | | | | | | SINGLE FRONTED SALES SHOP with tiled floor, fluorescent lighting. Fully equipped including 1 upright double door drinks display fridge, 3 upright single door drinks display fridges, shelving, counter, electronic cash register. Small Stockroom | | | BUSINESS LOCATION: | Undisclosed Warwickshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £55000 | | | | | | | | | | | BUSINESS DETAILS: | Location Residential area, WARWICKSHIREOpening Hours 7 a.m. - 9.30 p.m. seven days per weekTurnover WE ARE INFORMED the turnover averages 5,500/6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 350 p.w. Gross profit 20% approx.
The business also has a Paypoint and we understand this provides an additional commission of 65 p.w. Also in addition there is a ATM machine and we understand this provides a commission of approx. 300 per month.Tenure We understand the shop premises are held on a secure renewable lease from a private landlord having approximately 14½ years lease unexpired at a rental of 7,800 p.a. exclusive of rates for the next 4½ years with rent review at that time and thereafter every 5 years.
Uniform Business Rates: 1,300 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a SELF CONTAINED MAISONETTE over is available as an optional extra from the same landlord on a shorthold tenancy at a current rental of 650 per month. The accommodation comprises:
4 Bedrooms (2 doubles, 2 singles)
2 Bathrooms each with bath, shower over bath, w.c. and wash hand basin
Lounge
Kitchen with fitted unitsOutside Garage at rear used for storage purposes.
Garden at side.Staff The business is at present operated by the vendor with the assistance of his wife and no staff are employed. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | G5041 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
