Semi-detached Self Service Convenience Store, News, Confectionery, Tobacco, Full Free Off Licence, On Line National Lottery | | Undisclosed Lincolnshire | | Busy road, residential area, SOUTH HUMBERSIDE | | ADVERT NUMBER : 53058
ADVERT IMPRESSIONS : 19,802 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £130000 | | | | | BUSINESS DETAILS: | Features : Parking front of shop for approx. 6 cars
SPACIOUS SINGLE FRONTED SALES SHOP 750/800 sq. ft. sales area with lino floor, suspended ceiling with concealed lighting. The equipment includes counter, 2 tills with EPOS scanning system, modern adjustable shelving, 1 centre display gondola, 1 large glass topped chest deep freeze, 1 small chest deep freeze, ice cream deep freeze (owned), 2-3.5m open cool display units (1 used for beer whilst the other is used for dairy produce), 1-2.25m open cool display unit (used for soft drinks).
2 Stockrooms in the region of 400 sq. ft. approx.
Location : Busy road, residential area, SOUTH HUMBERSIDE
Opening Hours : Monday - Friday inclusive - 6.30 a.m. - 8 p.m.
Saturday opening - 7 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 8 p.m.
Turnover : WE ARE INFORMED the turnover averages £11,000/£12,000 p.w. Wholesale newsbill £450 p.w. Gross profit 18/20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of £50/£60 p.w.
Tenure : We understand the premises are held on a secure renewable Council lease, the present lease having approximately 15 years unexpired at a current rental of £4,000 p.a. exclusive of rates, with rent reviews every 3 years.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen
Outside : Yard at rear with parking space
Staff : The business is at present operated by the vendor with the assistance of 1 full time and 2 part time staff. 3 morning newsboys employed. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
