Profitable Self Service Convenience Store, News, Confectionery, Tobacco, Full Free Off Licence Plus On Line National Lottery | | Undisclosed Somerset | | Situated in a parade, residential area, BRISTOL | | ADVERT NUMBER : 63159
ADVERT IMPRESSIONS : 11,847 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £160000 | | | | | BUSINESS DETAILS: | Features : SPACIOUS DOUBLE FRONTED SALES SHOP approx. 900 sq. ft. sales area with vinyl floor, suspended ceiling with concealed lighting and fully equipped including counter, 2 tills with EPOS scanning system, modern adjustable shelving, 2 centre display gondolas, wall greeting card display section, 1-2.5m open cool display unit (used for dairy produce and milk), 1-3.75m open cool display unit (used for wines and beers), 1 single door glass fronted drinks display frige (on loan from Coca Cola), 1 additional single door glass fronted display fridge (on loan from Lucozade), 1 additional 1m glass fronted display fridge (owned) etc.
Stockroom
Location : Situated in a parade, residential area, BRISTOL
Opening Hours : Monday - Saturday inclusive - 5.30 a.m. - 11 p.m.
Sunday opening - 5.30 a.m. - 10.30 p.m.
Turnover : WE ARE INFORMED the turnover averages £14,000 p.w. Wholesale newsbill £950 p.w. We are further advised that the gross profit is in the region of 24%. 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. £200 p.w. The business also has Paypoint and we understand this provides a further revenue of £75/£100 p.w. There is also an internal ATM machine which we understand provides a commission of between £900/£1,000 per month.
Tenure : We understand the landlord, subject to satisfactory references, is prepared to grant a new 16 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £2,500 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION (£30,000/£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, electric shower over bath, w.c. and wash hand basin
Large Lounge
Fitted Kitchen
Staff : The business is at present operated by the vendor with the assistance of 2 full time staff. 4 newsboys employed. Delivery charge £1.50 p.w. Monday - Saturday. £1.90 p.w. seven days p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
