| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 4,421 TIME(S)
BUSINESS REFERENCE : G5186 / RightBiz OLD ESTABLISHED AND HIGHLY PROFITABLE SEMI-SELF SERVICE GENERAL STORES, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE | | | | | | COMPACT SALES SHOP. 2 air conditioning units. The equipment includes counter, 2 electronic cash registers, 6 upright double door glass display fridges, 5 upright single door drinks display fridges (including 1 on loan from Coca Cola), 1 upright double door glass fronted display deep freeze, 3 chest deep freezes, shelving. CCTV system with 3 cameras plus recording etc. Rear stockrooms | | | BUSINESS LOCATION: | Undisclosed Nottinghamshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £129500 | | | | | | | | | | | BUSINESS DETAILS: | Location Occupying a corner position, busy road, densely populated residential area, NOTTINGHAMSHIREOpening Hours 8.30 a.m. - 10 p.m. seven days per week
It should be noted that the shop can be open from 6 a.m. - 11 p.m. if desiredTurnover WE ARE INFORMED the turnover averages 12,000 p.w. in our opinion offering tremendous potential for further increase, especially if the shop opened earlier in the morning. Wholesale newsbill 300 p.w. Gross profit 20% approx. In addition we understand there is a commission of approx. 100 p.w. from Paypoint, Payzone and E-Pay top ups. We are further advised that the sales year ending 31st March, 2007 showed 434,790 with a gross profit of 103,409 and a net profit of 61,262.Tenure The vendors owns the freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease at a rental of 15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 129,500 plus STOCK AT VALUATION (30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation comprises:
3 Double Bedrooms (including 1 loft bedroom)
Bathroom with bath, w.c. and wash hand basin
Lounge (or fourth bedroom)
Ground floor KitchenetteStaff The business is at present operated by 2 brothers with family help. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | G5186 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
