Profitable Self Service Convenience Store, Full Free Off Licence | | Undisclosed Tyne and Wear | | Situated in a parade, residential area, TYNE & WEAR | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 60559
ADVERT IMPRESSIONS : 20,563 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £80000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : The business is situated in a residential area with the advantage we understand of approx. 300 houses being built nearby.
SPACIOUS SINGLE FRONTED SALES SHOP in the region of 800 sq. ft. sales area with lino floor, fluorescent lighting and fully equipped including modern adjustable shelving, 2 glass topped chest deep freezes, 2 large open cool display units (1 used for dairy and milk whilst the other is used for wines and beers), 2 triple fronted cool display units (both on loan from Coca Cola), 1 upright single door drinks display fridge (on loan from Lucozade), gravity feed slicer, 2 electronic cash registers, 1 electronic scales etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, residential area, TYNE & WEAR
Opening Hours : Monday - Saturday inclusive - 9 a.m. - 9 p.m.
Sunday opening - 10 a.m. - 9 p.m.
Turnover : WE ARE INFORMED the turnover averages £8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 24% approx.
Tenure : We understand the premises are held on a secure renewable lease for a period of 20 years from September, 2008 at a rental of £15,000 p.a. exclusive of rates up to September, 2013, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £790 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£18,000/£20,000 approx)
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
Lounge
Kitchen with fitted units
Outside : Small garden.
Garage
Staff : The business is at present operated by a husband and wife team and no staff are employed. | | | | | | FOR SALE | | | | | REFERENCE: | G5919 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
