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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 3,009 TIME(S)
BUSINESS REFERENCE : G5240 / RightBiz

PROFITABLE DETACHED SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE WITH SUB POST OFFICE.

 

 
Forecourt/car parking area in front of shop, for approx. 10 cars. Spacious DOUBLE FRONTED SALES SHOP with tiled floor, suspended ceiling with fluorescent lighting, air conditioning. Equipment includes 2 open cool display units (on loan from Coca Cola), additional open cool display unit (used for dairy produce), counter, electronic cash register, 3 greeting card display stands with drawers, post office counter with anti bandit screen (4 positions), etc. Office. Large storeroom plus 2 additional storerooms. 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:

£575000

LEASEHOLD:

£185000
   
 
   

BUSINESS DETAILS:

Location Village residential area, S. WALES.Opening Hours Retail shop, Monday/Saturday incl. 7.30 a.m. - 9 p.m.
Sunday opening 8.30 a.m. - 9 p.m.
The sub post office section opens Monday/Friday incl. 9 a.m. - 5.30 p.m
Saturday opening 9 a.m. - 12.30 p.m.Turnover WE ARE INFORMED the turnover averages 15,000 p.w., in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 800 p.w. Post Office salary 55,000 p.a. 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 20,000 p.a. excl. of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform business rates, 900 p.a. approx. plus water rates.


RECOMMENDED FOR EARLY INSPECTION.Price PRICE TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS, 185,000 plus stock at valuation.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS, 575,000 plus stock at valuation.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.Accommodation The spacious living accommodation, with full gas fired central heating, comprises:

4 double bedrooms.
Bathroom with bath, wash hand basin.
Separate w.c.
Large lounge.
Spacious fully fitted kitchen/dining room.Outside Concrete area at rear.Staff The business is at present operated by the vendor, with the assistance of his son, with the assistance of 2 full time and 2 part time in respect of the sub post office plus part time staff in respect of the retail shop.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G5240 / RightBiz

ENQUIRIES:

 
 
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