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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 2,945 TIME(S)
BUSINESS REFERENCE : G5210 / RightBiz

SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE

 

 
Forecourt with parking space for 3 cars. SINGLE FRONTED SALES SHOP approx. 600 sq. ft. sales area, fluorescent lighting. Counter, till with scanning system, 2 glass topped chest deep freezes, 1 open cool display unit, 2 upright double door drinks display fridges (on loan), 2 upright single door drinks display fridges (1 owned plus 1 on loan), modern shelving, centre display gondola etc. Stockroom Staff cloakroom with w.c. and wash hand basin

BUSINESS LOCATION:

Undisclosed Gwent UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

FREEHOLD:

£190000

LEASEHOLD:

£67500
   
 
   

BUSINESS DETAILS:

Location Excellent trading position, residential area plus opposite Hospital, SOUTH WALESOpening Hours 7 a.m. - 8.30 p.m. seven days per weekTurnover WE ARE INFOMRED the turnover averages 5,600 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 1,000 p.w. Gross profit 20% 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. 60/70 p.w.Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 10 years full repairing and insuring lease at a rental of 12,000 p.a. exclusive of rates for the first 3 years, with rent reviews thereafter.

Uniform Business Rates: 800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 67,500 plus STOCK AT VALUATION (10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 190,000 plus STOCK AT VALUATION (10,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTOutside Yard at rearStaff The business is at present operated by a husband and wife team and no staff are employed. 5 morning newsrounds. Delivery charge 80p p.w.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G5210 / RightBiz

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