Well Established Freehold Village Self Service Stores, News, Confectionery, Tobacco, National Lottery With Sub Post Office | | Undisclosed Cleveland | | Situated in a terrace, coastal position, CLEVELAND | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 63298 ADVERT IMPRESSIONS : 16,193 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | FREEHOLD: | £125000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : SINGLE FRONTED MEDIUM SIZED SALES SHOP with lino floor, fluorescent lighting. The equipment includes cool display serveover counter, electric cash register, double door glass fronted display fridge, 1 upright single door drinks display fridge (on loan from Coca Cola), 4 greeting card display stands (3 with drawers under plus 1 with gift wrapping paper section), shelving. Post Office counter etc.
It will be appreciated upon inspection that the shop would benefit from being refitted
Location : Situated in a terrace, coastal position, CLEVELAND
Opening Hours : Monday - Friday inclusive - 6 a.m. - 5.30 p.m. Closing for lunch from 12.30 p.m. - 1.30 p.m. On Wednesday evening the business remains open until 7.30 p.m. for the sale of on line national lottery tickets Saturday opening - 7 a.m. - 12.30 p.m. & 4 p.m. - 7.30 p.m. Sunday opening - 8 a.m. - 12 noon
Post Office Section Opening Hours 9 a.m. - 5.30 p.m. Closing 12.30 p.m. - 1.30 p.m. for lunch Halfday Wednesday closing at 12.30 p.m. plus halfday Saturday closing at 12.30 p.m. NO SUNDAY TRADING
Turnover : WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £750 p.w. Gross profit 20% approx. Post Office salary £22,000 p.a. approx. (including lottery commission).
Tenure : Uniform Business Rates: Nil payable after full relief
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION (£10,000 approx) SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £55 per week, however, we understand that vacant possession can be given on completion. The accommodation comprises:
1 Double Bedroom Bathroom with bath, w.c. and wash hand basin Lounge with fitted kitchen area
Staff : The business is at present operated by the vendor with the assistance of his wife part time plus part time staff. 2 daily newsrounds plus 2 Sunday newsrounds. Delivery charge 45p p.w. | | | | | | FOR SALE | | | | | REFERENCE: | G6005 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |