Well Equipped Self Service Convenience Store, News, Confectionery, Tobacco, Full Free Off Licence Plus On Line National Lottery & Paypoint | | Undisclosed Dorset | | IMPRESSIVE MODERN SALES SHOP approx. 1,600 sq. ft. with tiled floor, suspended ceiling with concealed lighting. 1 large open cool display unit (used for wines and beers), magazine display shelving, display gondolas, open display deep freeze with 3-door glass fronted display section over, large additional open display chiller (used for milk, sandwiches, soft drinks etc), open display cool unit (used for fruit), 2 open cool display units (on loan from Coca Cola), counter, 2 tills with EPOS scanning system, cigarette gantry (on loan). CCTV system with 8 cameras, 5 monitors etc. Small stockroom Staff cloakroom with w.c. and wash hand basin | | ADVERT NUMBER : 26171
ADVERT IMPRESSIONS : 40,547 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £170000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, busy road, densely populated residential area, DORSET.Opening Hours 5 a.m. - 10 p.m. seven days per weekTurnover WE ARE INFORMED the turnover averages £18,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 24% approx. Wholesale newsbill £2,500/£3,000 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand that this provides a commission of approx. £80 p.w. In addition the business has Paypoint and we understand this provides a further commission of £45/£50 p.w.Tenure We understand the premises are held on a secure renewable lease, the present lease having approximately 20 years unexpired at a rental of £20,000 p.a. exclusive of rates, due for rent review in August, 2008. We understand the landlord has requested that the rent be increased to £28,000 p.a. exclusive of rates for the following 5 years, however, we understand that this is still under negotiation at present. We are further advised that the rent reviews are every 5 years.
OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL FITTED & PROFITAND SELF SERVICE CONVENIENCE STORE, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £170,000 plus STOCK AT VALUATION (£25,000/£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside Large yard at rear providing ample car parkingStaff The business is a family run concern operated by the owner's sister-in-law plus brother plus additional family help. 27 morning newsrounds. Delivery charge £1.40 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
