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Related Ads > Middlesex Business for Sale > Leasehold Convenience Stores to Rent > Convenience Stores in Middlesex for Sale 

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

Undisclosed Middlesex
Situated in a parade, main road trading position, densely populated residential area, MIDDLESEX
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 66801
ADVERT IMPRESSIONS : 9,964 TIME(S)

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

LEASEHOLD:

£135000
 

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BUSINESS DETAILS:

Features : SPACIOUS DOUBLE FRONTED SALES SHOP with double doors, probably in the region of 1,800 sq. ft. sales area, fluorescent lighting, tiled floor. The equipment includes magazine display shelving, 3.75m open cool display unit (used for soft drinks, milk, sandwiches etc), 1 large glass sliding topped chest deep freeze, greeting card display stand, 4 display gondolas, 2 upright double door glass fronted display fridges (used for wines and beers), 3-tier ice cream deep freeze, small glass fronted fridge (on loan from Red Bull), modern shelving, cigarette gantry (on loan), counter, 2 electronic cash registers. CCTV system.

Stockroom
2 staff w.c's
Kitchen

Location : Situated in a parade, main road trading position, densely populated residential area, MIDDLESEX

Opening Hours : 6 a.m. - 12 midnight seven days per week

Turnover : WE ARE INFORMED the turnover averages £14,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £950/£1,000 p.w. Gross profit 24% approx. The business has an external ATM machine and we are advised this provides an income in the region of £150 per month.

Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £30,500 p.a. exclusive of rates. (We understand that no increase was requested at the last rent review). We are further advised that the rent reviews are every 4 years.

Uniform Business Rates: £14,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : 2 parking spaces at rear of shop

Staff : The business is at present operated by the vendor with the assistance of 2 full time and 1 part time staff. 3 newrounds undertaken. Delivery charge £1/£2 p.w.
   
  FOR SALE
   

REFERENCE:

G6110 / RightBiz
   
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