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Related Ads > Gloucestershire Business for Sale > Leasehold Convenience Stores to Let > Convenience Stores in Gloucestershire for Sale 

Detached Modern (built 1960's) Self Service Convenience Store, News, Confectionery, Tobacoo, Full Free Off Licence, On Line National Lottery

Undisclosed Gloucestershire
Sought after residential area, GLOUCESTERSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 60598
ADVERT IMPRESSIONS : 8,669 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Agent Sale

LEASEHOLD:

£85000
 

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BUSINESS DETAILS:

Features : Outstanding opportunity to acquire this Self Service Convenience Store combined with Full Free Off Licence being situated in the centre of the Cotswolds.

NO PARKING RESTRICTIONS - Forecourt providing parking for 4 cars

ATTRACTIVE SALES SHOP in the region of 700 sq. ft. sales area with tiled floor and fully equipped including counter, electronic cash register, modern adjustable shelving, large open display deep freeze, 2 single door glass fronted drinks display fridges (on loan from Coca Cola), 1 single fronted Lucozade drinks display fridge (on loan), 1 upright double door glass fronted drinks display fridge (owned and used for beers and wines), 2 additional single door glass fronted display fridges (both owned, 1 used for dairy produce plus 1 for soft drinks), glass topped ice cream deep freeze. CCTV system with monitor plus camera etc.

Small stockroom
Staff w.c. and wash hand basin

Location : Sought after residential area, GLOUCESTERSHIRE

Opening Hours : Monday - Saturday inclusive - 6.30 a.m. - 8 p.m.
Sunday opening - 6.30 a.m. - 6 p.m.

Turnover : WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £900 p.w. 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 approx. £110 p.w. We are further advised that the sales year ending 31st December, 2009 showed £342,878 with a gross profit of £45,942 i.e. 13.4% plus commission received of £6,736. In addition sundry receipts of £423 providing a total gross profit of £53,101.

Tenure : We understand the premises are held on a secure renewable lease for a period of 15 years from November, 2010 at a rental of £18,000 p.a. exclusive of rates with rent reviews every 3 years.

Uniform Business Rates: £1,000 p.a. approx. (after small business relief)

WE UNDERSTAND THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE NOVEMBER, 1994 AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The accommodation FULLY DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING (we understand new boiler approx. 1 year ago), comprises:

3 Bedrooms (2 doubles, 1 large single)
Fully tiled bathroom with bath, power shower over bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units

Outside : Garden at rear

Staff : We understand the business is at present operated by 2 partners with the assistance of 1 part time staff. In addition there is 1 news delivery person. Delivery charge £1.80 p.w.
   
  FOR SALE
   

REFERENCE:

G5928 / RightBiz
   
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