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PROFITABLE WELL EQUIPPED SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE

BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 6,337 TIME(S)
BUSINESS REFERENCE : G5563 / RightBiz

 

 
Situated in a parade, densely populated residential and commercial area, MERSEYSIDE.

BUSINESS LOCATION:

Undisclosed Merseyside UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

LEASEHOLD:

£99000
   
 
   

BUSINESS DETAILS:

Features : IMPRESSIVE & SPACIOUS DOUBLE FRONTED SALES SHOP approx. 2,200 sq. ft. sales area with tiled floor, suspended ceiling, fluorescent lighting. Fully equipped including counter, 2 tills with scanning, modern adjustable shelving, 5 centre display gondolas, 1 3-tier ice cream deep freeze (owned), 5 large glass topped chest deep freezes, 1-3.75m open cool display unit (used for dairy products plus milk), 2 open 2m cool display units (both on loan from Coca Cola), 1-3m open cool display unit (owned and used for beers), 1 upright double door glass fronted display fridge (used for wines).Stockroom with shelvingStaff cloakroom with w.c. and wash hand basin Kitchen areaLocation : Situated in a parade, densely populated residential and commercial area, MERSEYSIDE.Opening Hours : Monday - Saturday inclusive - 6.30 a.m. - 10 p.m.Sunday opening - 7.30 a.m. - 10 p.m.Turnover : WE ARE INFORMED the turnover averages £21,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 16% approx. In addition the business is agents for Paypoint & Payzone and we understand this provides a further income of approx. £140 p.w. The business also has an ATM machine and we understand this provides a further income of approx. £100 p.w. In addition the business is agents for cheque cashing and we understand this provides a further commission of approx. £40 p.w.Tenure : The vendors owns the freehold and subject to satisfactory references is prepared to grant a new 24 years full repairing and insuring lease in respect of the shop with self contained flat at a rental of £30,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.Alternatively should the accommodation not be required the vendors are prepared to grant, subject to satisfactory references, a new 24 years full repairing and insuring lease in respect of the shop premises only at a rental of £25,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £99,000 plus STOCK AT VALUATION (£30,000/£40,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:3 Bedrooms (1 double, 1 additional small double, 1 single)Bathroom with bath, shower over bath, w.c. and wash hand basinLoungeSpacious KitchenOutside : Shared Garden at rearStaff : The business is at present operated by a husband and wife team with the assistance of 1 full time and up to 12 part time staff. Wages paid in the region of £600 p.w.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G5563 / RightBiz

ENQUIRIES:

 
 
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