| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 4,175 TIME(S)
BUSINESS REFERENCE : G5180 / RightBiz SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE | | | | | | DOUBLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor. Air Conditioned. Modern adjustable shelving, 1 glass topped chest deep freeze, 4 double door cool display units, counter, electronic cash register, 2 greeting card display stands with drawers. CCTV system with 4 cameras, 1 monitor plus recording etc. Stockroom with shelving Staff cloakroom with w.c. and wash hand basin | | | BUSINESS LOCATION: | Undisclosed West Midlands UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | FREEHOLD: | £265000 | LEASEHOLD: | £59500 | | | | | | | | | | | BUSINESS DETAILS: | Location Situated in a parade, main road trading position, with no parking problems, WEST MIDLANDSOpening Hours Monday - Saturday inclusive - 5 a.m. - 10 p.m.
Sunday opening - 5 a.m. - 2 p.m. & 7 p.m. - 10 p.m.Turnover WE ARE INFORMED the turnover averages 7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 1,300 p.w. Gross profit 22% approx.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 14,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: 1,000 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 59,500 plus STOCK AT VALUATION (15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 265,000 plus STOCK AT VALUATION (15,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation The accommodation DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Bedrooms (2 large doubles plus 1 additional double)
Bathroom with bath, w.c. and wash hand basin
Lounge
Separate Dining Room
Kitchen with fitted unitsOutside 2 Single Garages at rearStaff The business is at present operated by a husband and wife team and no staff are employed. 4 morning newsboys employed. Delivery charge 50p/1 p.w. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | G5180 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
