Fully Equipped Self Service Convenience Store Including Continental Groceries, Fruit & Greens, Full Free Off Licence | | Undisclosed Hertfordshire | | Situated in a parade, main road trading position, densely populated residential and commercial area, HERTFORDSHIRE | | ADVERT NUMBER : 69987
ADVERT IMPRESSIONS : 16,468 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £180000 | | | | | BUSINESS DETAILS: | Features : Forecourt used for display purposes
SPACIOUS SINGLE FRONTED SALES SHOP in the region of 1,500 sq. ft. sales area with ceramic tiled floor, suspended ceiling with concealed lighting and well equipped including modern adjustable shelving, 2-3m open cool display units, ice cream deep freeze (owned), 6 glass topped chest deep freezes, counter, 2 tills with EPOS scanning system, CCTV system with 9 cameras, 1 monitor plus recording.
FULLY EQUIPPED BUTCHERY SECTION at present let with the butcher paying £150 p.w. rent. The equipmemnt includes 1 cool display serveover counter, electronic scales, 1 butchers block, walk-in coldroom, walk-in deep freeze
Location : Situated in a parade, main road trading position, densely populated residential and commercial area, HERTFORDSHIRE
Opening Hours : Monday - Saturday inclusive - 8 a.m. - 11 p.m.
Sunday opening - 8.30 a.m. - 10.30 p.m.
Turnover : WE ARE INFORMED the turnover averages £18,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 25% approx. (We understand the turnover excludes the butchery turnover).
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a current rental of £18,000 p.a. exclusive of rates for the next 5 years, with rent review at that time and thereafter every 5 years. (As will be appreciated with the current rental income from the butchery section of £7,800 the net rental payable at the present time is only £10,200 p.a. exclusive of rates).
Uniform Business Rates: £3,500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION (£60,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : At present operated by 3 partners on a part time basis with the assistance of 2 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
