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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 7,422 TIME(S)
BUSINESS REFERENCE : G5171 / RightBiz

SUPERBLY FITTED AND HIGHLY PROFITABLE FREEHOLD DETACHED SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE, O

 

 
IMPRESSIVE DOUBLE FRONTED SALES SHOP approx. 1,000 sq. ft. sales area. We understand refitted in 2006 at considerable expense. Industrial non-slip floor, suspended ceiling with concealed lighting. The equipment includes modern adjustable shelving, 2 centre display gondolas, 1 ice cream 3 tier display deep freeze, 2 large glass topped chest display deep freezes, 1-5.5m open cool display unit (used for dairy produced, milk, sandwiches etc), 1-4.5m open cool display unit (used for wines and beers), counter, 2 tills with EPOS scanning system (please note the EPOS scanning system is on a lease agreement, to be taken over) etc. Stockroom with shelving Staff cloakroom with w.c. and wash hand basin Large basement used for storages purposes

BUSINESS LOCATION:

Undisclosed Isle & Islands UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

FREEHOLD:

£425000
   
 
   

BUSINESS DETAILS:

Location Excellent trading position, sought after residential area, ISLE OF WIGHTOpening Hours Monday - Saturday inclusive - 7.30 a.m. - 8.30 p.m.
Sunday opening - 8 a.m. - 5 p.m.Turnover WE ARE INFORMED the turnover averages 10,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill 400/450 p.w. Gross profit 26% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. 60 p.w. In addition the business has Paypoint and Top-ups and we understand this provides a further commission of 60 p.w. The business also has an ATM machines on loan and we understand this provides a further commission of approx. 80 p.w.Tenure Uniform Business Rates: 2,500 p.a. approx. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A FREEHOLD CONVENIENCE STORE WITH FULL FREE OFF LICENCE IN THIS SOUGHT AFTER LOCALITY.

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 425,000 plus STOCK AT VALUATION (20,000/25,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation The SPACIOUS living accommodation all refurbished and with FULL GAS FIRED CENTRAL HEATING, comprises:

4 Bedrooms (master bedroom with en suite fully tiled shower room with shower, w.c. and wash hand basin), 2 additional double bedrooms plus 1 treble bedroom.
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Large Lounge
Separate Dining Room
KitchenOutside Enclosed yard. Garage used for storage purposesStaff The business is at present operated by a husband and wife team with the assistance of 1 full time relative.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G5171 / RightBiz

ENQUIRIES:

 
 
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