| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 6,490 TIME(S)
BUSINESS REFERENCE : G5182 / RightBiz PROFITABLE SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE PLUS ON LINE NATIONAL LOTTERY | | | | | | DOUBLE FRONTED SALES SHOP approx. 600 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, attractive wooden shelving, 2 chest deep freezes, 2 upright double door drinks display fridges, 1 open cool display unit, 2 upright single door drinks display fridges, 1 greeting card display stand etc. 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: | £69000 | | | | | | | | | | | BUSINESS DETAILS: | Location Situated in a parade, main road trading position, residential area, HERTFORDSHIREOpening Hours Monday - Saturday inclusive - 8 a.m. - 11 p.m.
Sunday opening - 9 a.m. - 10.30 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. Gross profit 25% 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 approximately 150 p.w.Tenure We understand the premises are held on a secure renewable lease the present lease having approximately 10 years unexpired at a rental of 15,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: 900 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 69,000 plus STOCK AT VALUATION (20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of 9,000 p.a. however, we understand that vacant possession can be given on completion. The accommodation comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted unitsStaff The business is at present operated by the vendor with the assistance of the family. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | G5182 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
