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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 4,476 TIME(S)
BUSINESS REFERENCE : G5169 / RightBiz

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

 

 
Spacious double fronted Sales Shop approx. 1,700 sq. ft. sales area, all newly fitted and refurbished approx. 1 year ago at considerable expense. Ceramic tiled floor. 2 large open cool display units (for the sale of dairy produce, sandwiches etc), 2 large glass topped chest display deep freezes, 1 open cool display unit (for the sale of beers and soft drinks), 2 upright double door drinks display fridges (on loan for the sale of soft drinks), modern adjustable shelving, centre display gondolas, counter with 2 tills plus scanning system, CCTV system with 10 cameras, 2 monitors plus recording etc. Large stockroom with some racking Office 2 Staff cloakrooms with w.c. and wash hand basin

BUSINESS LOCATION:

Undisclosed West Midlands UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

LEASEHOLD:

£120000
   
 
   

BUSINESS DETAILS:

Location Main road trading position, residential area, WEST MIDLANDSOpening Hours 8 a.m. - 10 p.m. seven days per weekTurnover WE ARE INFORMED the turnover averages 11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 700 p.w. Gross profit 22% approx.Tenure We understand the premises are held on a secure renewable lease having approx. 18 years unexpired at a rental of 14,500 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 2,700 p.a. approx. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 120,000 plus STOCK AT VALUATION (25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside Double gated yard at side with parking area for 4/5 cars.Staff The business is at present staff operated. Staff employed 1 full time manager plus 1 full time and 1 part time staff. Wages paid 700 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G5169 / RightBiz

ENQUIRIES:

 
 
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