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Profitable Old Established Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence Plus On Line National Lottery

Undisclosed
Situated in a shopping centre, serving residential area, SCOTLAND

ADVERT NUMBER : 39116
ADVERT IMPRESSIONS : 15,455 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Agent Sale

LEASEHOLD:

£200000
 

BUSINESS DETAILS:

Features : IMPRESSIVE SALES SHOP in the region of 2,800 sq. ft. including storage area. Recently refurbished. Tiled floor, suspended ceiling, fluorescent lighting. Well equipped including 4 glass topped display deep freezes, 12m open cool display unit (utilized for wines, beers, milk and dairy produce), 1 5m open cool display unit (utilized for soft drinks and juices), counter, 3 tills with EPOS scanning system. CCTV system with 16 cameras, 3 monitors plus DVD recording.Large Stockroom2 Staff cloakrooms each with w.c. and wash hand basinOfficeLocation : Situated in a shopping centre, serving residential area, SCOTLANDOpening Hours : Monday - Saturday inclusive - 7 a.m. - 10 p.m.Sunday opening - 8 a.m. - 10 p.m.Turnover : WE ARE INFORMED the turnover averages £30,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £800 p.w. Gross profit 24% approx. The business is also agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides an additional turnover of approx. £1,500 p.w. In addition the business has a cash machine plus has Paypoint and we are advised that the total commission received from lottery commission, Paypoint and the cash machine is currently in the region of £15,000 p.a.Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 20 years unexpired at a rental of £35,000 p.a. exclusive of rates for the next 5 years, with rent review at that time and thereafter every 5 years.RECOMMENDED FOR EARLY INSPECTIONPrice : OFFERS TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in excess of £200,000 plus STOCK AT VALUATION (£40,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff : The business is at present operated by the vendor on a part time basis with the assistance of 1 full time manager plus 3 full time and 3 part time staff.
   
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