Am 2 Pm | | Watford Hertfordshire | | • ADVISED AVERAGE WEEKLY SHOP SALES £6,000 + COMS • ADVISED ATM MACHINE ANNUAL INCOME £9,000 • SELF CONTAINED 3 BEDROOM OWNERS ACCOMMODATION • EX CORPORATE STORE • ESTABLISHED FOR MANY YEARS • SITUATED IN A BUSY PARADE SURROUND BY AFFLUENT HOUSING AREAS | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 47563
ADVERT IMPRESSIONS : 14,102 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £75000 | ANNUAL RENT: | £14500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The premises is situated in a busy parade on Courtlands Drive in North Watford.
There are many main routes out of Watford which provide easy access to the M25 and the M1.
Bushey, Radlett, Borehamwood, Kings Langley and St Albans are the main towns surrounding the premises.
THE BUSINESS
The business was acquired by our clients in 2006 from the corporate operator Martin McColl. This ex-corporate unit has all the benefits you would expect including: good sized self contained accommodation, prominent trading position, good storage areas and a strong customer base.
Our clients recently installed an external ATM cash machine, which we have been advised generates an annual income of £9,000. If you off set this against the annual rent, the profitability of the business is greatly increased.
This business would suit an experienced operator seeking to expand their portfolio or alternatively a first time buyer wishing to invest in a new venture.
STAFF
The business is currently run fully under management. This structure could be kept in place or alternatively the business could be owner operated.
TRADING INFORMATION
We have been advised the average gross weekly shop sales are £6,000 with commission sales in addition.
Full trading information will be available to successful applicants after a formal viewing has been conducted.
TENURE DETAILS
A new 15 year lease commenced in November 2009 with an annual rent passing of £14,500. | | | | | | FOR SALE | | | | | REFERENCE: | PT 007 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
