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Related Ads > Norfolk Business for Sale > Convenience Stores to Let > Convenience Stores in Norfolk for Sale 

Detached Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence

Undisclosed Norfolk
Busy road, residential area and close to Hospital, NORFOLK
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 63333
ADVERT IMPRESSIONS : 13,475 TIME(S)

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

LEASEHOLD:

£110000
 

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BUSINESS DETAILS:

Features : Small forecourt to -

SPACIOUS SINGLE FRONTED SALES SHOP with tiled floor, suspended ceiling, fluorescent lighting and well equipped including modern adjustable shelving, 1 glass topped chest deep freeze, 1 double door glass fronted display deep freeze, 2 large open cool display units, 2 single door glass fronted drinks fridges (1 on loan from Pepso Cola whilst the other is owned), counter, 1 till with scanning, cigarette gantry (on loan). CCTV system with 13 cameras, 2 monitors plus recording.

Location : Busy road, residential area and close to Hospital, NORFOLK

Opening Hours : 7 a.m. - 11 p.m. seven days per week

Turnover : WE ARE INFORMED the turnover averages £11,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £550 p.w. Gross profit 24% approx. In addition the business has an ATM machine which we understand provides a further revenue of approx. £100 per month. The business also has a Western Union Agency which we understand provides a further revenue of approx. £100 per month.

Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insurig lease at a rental of £14,400 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £2,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Staff : The business is at present operated under management. Staff employed 1 full time manager plus 4 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
   
  FOR SALE
   

REFERENCE:

G6018 / RightBiz
   
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