Well Established Self Service Convenience Store, Full Free Off Licence Plus On Line National Lottery. Please Note The Purchase Of This Business Also | | Undisclosed Middlesex | | Situated in a parade, excellent main road trading position, densely populated residential area, MIDDLESEX | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69948
ADVERT IMPRESSIONS : 7,425 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £200000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : SHOP NO. 1. Main shop comprising SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY probably in the region of 1,000 sq. ft. sales area with fluorescent lighting, tiled floor and fully equipped including upright double door glass fronted drinks display fridge (owned), 1 upright double door glass fronted additional display fridge (on loan from Coca Cola), large glass topped chest deep freeze, modern adjustable shelving, 2-2m open cool display units (1 used for beers whilst the other is used for milk and dairy produce), 1 chest deep freeze, ice cream deep freeze, 1 greeting card display stand with drawers etc.
Stockroom
SHOP NO. 2. Situated in the same parade and trading as COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, CONVENIENCE GROCERIES, FULL FREE OFF LICENCE. DOUBLE FRONTED SALES SHOP with double door probably in the region of 600 sq. ft. sales area. Well fitted including quality tiled floor, 2.75m open cool display unit (used for beers, milk and dairy produce), glass topped chest deep freeze, Walls ice cream deep freeze, 2 large cool display units (on loan from Coca Cola), centre display gondola, small open cool display unit (not used at present), glass topped chest deep freeze, panini toaster, bake-off oven, hot display cabinet, drinks dispenser etc.
Rear stockroom
Staff w.c. and wash hand basin
Location : Situated in a parade, excellent main road trading position, densely populated residential area, MIDDLESEX
Opening Hours : Shop No. 1. 8 a.m. - 10 p.m. seven days per week
Shop No. 2. 6.30 a.m. - 8 p.m.
Turnover : Shop No. 1. WE ARE INFORMED the turnover averages £12,000 p.w. in our opinion offering further potential to increase in the right hands.
Shop No. 2. WE ARE INFORMED the turnover averages £4,300 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £450 p.w. Gross profit 20% approx.
Tenure : SHOP NO. 1. We understand the premises are held on a secure renewable lease, the present lease having approximately 20 years unexpired at a current rental of £15,500 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £4,200 p.a. approx.
SHOP NO. 2. We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £17,412 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter. (As will be appreciated with the rental income from the self contained flat currently at £9,744 p.a. the net rental payable at present is only £7,668 p.a).
Uniform Form Business Rates: £2,600 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : OFFERS INVITED TO INCLUDE THE TWO LEASES, GOODWILL, FIXTURES & FITTINGS in the region of £200,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : SHOP NO. 1. The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
6 Bedrooms (3 doubles, 3 singles)
2 Shower rooms each with shower, w.c. and wash hand basin
Lounge
Kitchen
SHOP NO. 2. The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and we understand provides a rental income of £812 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:
3 Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
Outside : Shop No. 1. Yard with parking space for 3 cars
Shop No. 2. Car parking space for 1 car
Staff : Shop No. 1. The business is at present operated by the vendor on a part time basis with the assistance of his family plus 1 staff.
Shop No. 2. At present operated by the vendor with the assistance of his family. | | | | | | FOR SALE | | | | | REFERENCE: | G6160 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
