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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 5,608 TIME(S)
BUSINESS REFERENCE : G5123 / RightBiz

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

 

 
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,000 sq. ft. sales area with tiled floor, fluorescent lighting, air conditioning. The equipment includes modern adjustable shelving, centre display gondolas, ice cream deep freeze (on loan), 2 upright sliding double door drinks display fridges, large glass sliding topped chest deep freeze, 1 upright glass fronted drinks fridge (on loan from Lucozade), 2 open cool display units (both on loan from Coca Cola), counter, till with scanning system, 1 greeting card display stand. CCTV system with 3 cameras, monitor plus recording etc. Stockroom Staff cloakroom with w.c. and wash hand basin

BUSINESS LOCATION:

Undisclosed Hertfordshire UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

LEASEHOLD:

£125000
   
 
   

BUSINESS DETAILS:

Location Situated in a parade, excellent main road trading position, residential and commercial area, HERTFORDSHIREOpening Hours Monday - Saturday inclusive - 8 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 9 p.m.Turnover WE ARE INFORMED the turnover averages 8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 450 p.w. Gross profit 20% approx. In addition, we understand there is a commission of approx. 80 p.w. from Etop-up phone cards plus International cards.Tenure We understand the premises are held on a secure renewable lease having approximately 17½ years unexpired at a rental of 18,000 p.a. exclusive of rates for the next 2½ years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 5,300 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 125,000 plus STOCK AT VALUATION (35,000/40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a SELF CONTAINED MAISONETTE over is at present let on a shorthold tenancy and provides a rental income of 825 per month, however, we understand that vacant possion can be given on completion. The MAISONETTE with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
KitchenOutside Yard at rear with parking space for 2 carsStaff The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 1 full time staff.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G5123 / RightBiz

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