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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
 

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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
   
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