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BUSINESS FOR SALE ADVERT DETAILS

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BUSINESS REFERENCE : G5090 / RightBiz

PROFITABLE VILLAGE SELF SERVICE STORES, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE

 

 
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,300 sq. ft. sales area. Refitted approx. 2 years ago. Ceramic tiled floor, suspended ceiling with concealed lighting, modern counter, 2 tills with scanning, 3 upright double door drinks display fridges (all on loan), 2 open cool display dairy units, electronic scales, 3 centre display gondolas etc. Large stockroom with shelving Staff kitchen Office Staff w.c. and wash hand basin

BUSINESS LOCATION:

Undisclosed Gwent UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

LEASEHOLD:

£130000
   
 
   

BUSINESS DETAILS:

Location Situated in a parade of shops sought after position approx, SOUTH WALESOpening Hours 7 a.m. - 10 p.m. seven days per weekTurnover WE ARE INFORMED the turnover averages 15,000/16,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 300 p.w. Gross profit 25% approx. In addition, there is an ATM machine and we understand that a commission of approx. 1,000 per month is received. We are further advised that an on line national lottery terminal should be installed August, 2008.Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of 25,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 6,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 130,000 plus STOCK AT VALUATION (25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The spacious living accommodation all modernised, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

5 Bedrooms (3 large doubles plus 1 additional double)
Bathroom with bath, shower over bath, w.c. and wash hand basin
Separate shower room with shower, w.c. and wash hand basin
Large Lounge
Separate Dining Room
Large Kitchen with fitted unitsOutside Yard at rear. GarageStaff The business is at present operated by a husband and wife team with the assistance of 2 full time staff.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G5090 / RightBiz

ENQUIRIES:

 
 
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