Modern Detached Profitable Counter News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Full Free Off Licence | | Undisclosed Staffordshire | | Excellent main road trading position, close to bus station, South Staffordshire College, 2 schools and Leisure Centre, STAFFORDSHIRE | | ADVERT NUMBER : 53476
ADVERT IMPRESSIONS : 17,139 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | FREEHOLD: | £295000 | LEASEHOLD: | £120000 | | | | | BUSINESS DETAILS: | Features : We understand the property was built approx. 27 years ago.
Forecourt to DOUBLE FRONTED SPACIOUS SALES SHOP in the region of 8.05 metres wide by 8.05 metres depth providing a total sales area of 56.2 metres with tiled floor, suspended ceiling with fluorescent lighting. Air conditionining unit. Counter, electronic cash register, 3 double door glass fronted display fridges (2 owned plus 1 on loan), glass topped display deep freeze, open cool display unit, modern adjustable shelving, counter etc.
Stockroom 3.02 metres x 2.17 metres
Staff w.c. and wash hand basin
Location : Excellent main road trading position, close to bus station, South Staffordshire College, 2 schools and Leisure Centre, STAFFORDSHIRE
Opening Hours : 5.30 a.m. - 6.30 p.m. seven days per week
Turnover : WE ARE INFORMED the turnover averages £9,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £600/£700 p.w. Gross profit 25% approx.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years. (Please note the vendor is also prepared to discuss a shorter lease, if desired).
Uniform Business Rates: £2,194 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £297,500 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SPACIOUS SELF CONTAINED FLAT over, comprises:
1 Large Double Bedroom (in our opinion could readily be split to provide a second bedroom)
Fully tiled shower room with shower, w.c. and wash hand basin
Large Lounge with fully fitted kitchen area
Outside : Parking space for 2 cars
Staff : At present mainly staff operated. Staff employed 1 full time plus 6 part time. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
