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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 3,659 TIME(S)
BUSINESS REFERENCE : G5087 / RightBiz

PROFITABLE SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE

 

 
SPACIOUS SINGLE FRONTED SALES SHOP approx. 850 sq. ft. sales area with suspended ceiling, air conditioning. Well equipped including modern adjustable shelving, centre display gondola, 1 glass topped chest display deep freeze, 1 large cool display unit, 2 upright double door drinks display fridges, counter, EPOS scanning system with till etc. Staff cloakroom with w.c. and wash hand basin

BUSINESS LOCATION:

Undisclosed Staffordshire UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

LEASEHOLD:

£105000
   
 
   

BUSINESS DETAILS:

Location Main road trading position, residential area, STAFFORDOpening Hours Monday - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 7 a.m. - 10.30 p.m.Turnover WE ARE INFORMED the turnover averages 8,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 300 p.w. Gross profit 25% approx. In addition, the business has a Payzone and this provides a commission of approx. 25 p.w.Tenure We understand the premises are held on a secure renewable lease having approx. 23 years unexpired at a rental of 14,400 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 2,500 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 105,000 plus STOCK AT VALUATION (27,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The spacious living accommodation comprises:

4 Bedrooms (2 doubles, 2 singles)
Bathroom with bath, w.c. and wash hand basin
Lounge
Separate Dining Room (used as a stockroom at present)
KitchenOutside Garden at rear plus garageStaff The business is at present operated by the vendor at weekends with the assistance of 2 full time staff plus additional casual staff when required.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G5087 / RightBiz

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