Well Equipped Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence, On Line National Lottery Plus Paypoint | | Undisclosed Bedfordshire | | Situated in a parade, busy road, residential area, BEDFORDSHIRE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69988
ADVERT IMPRESSIONS : 10,929 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £99500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Ample Parking (Pay & Display)
SPACIOUS SALES SHOP with electric shutters, probably in the region of 1,500 sq. ft. sales area. 2 air conditioning units including hot air facility. Suspended ceiling, fluorescent lighting, non-slip floor. The equipment includes counter, 2 tills with EPOS scanning system (under maintenance contract), 2-3.75m open cool display units (including 1 new Arneg unit approx. 2 months old), 1-5m open cool display unit (used for beers and wines), 2-2m greeting card display stands, magazine display shelving, 3-tier ice cream deep freeze, CCTV system with 16 cameras, 2 monitors plus hard disk recording, modern adjustable shelving, display gondolas etc.
Stockroom
Office
Staff cloakroom with w.c. and wash hand basin
Staff kitchenette area
Location : Situated in a parade, busy road, residential area, BEDFORDSHIRE
Opening Hours : 6 a.m. - 11 p.m. seven days per week
Turnover : WE ARE INFORMED the turnover currently averages £14,500 p.w. inclusive of VAT, in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £900/£1,000 p.w. Gross profit 23% approx. In addition the business has on line national lottery plus scratch cards and we understand this provides a further revenue of approximately £250 p.w. The business also has Paypoint and we understand this provides a further commission of approximately £100 p.w. As will be appreciated the income from the on line national lottery plus Paypoint is at present in excess of £17,500 p.a.
Tenure : We understand the premises are held on a secure renewable lease the present lease having approximately 8 years unexpired at a rental of £29,000 p.a. exclusive of rates up to 2014, with rent to be agreed thereafter. In addition we understand there is a service charge which includes the rental for the 4 parking spaces at rear of shop plus including pest control, cleaning the outside areas of the building plus insurance. We understand the current service charge is £1,220 every 3 months.
Uniform Business Rates: £12,000 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL EQUIPPED SELF SERVICE CONVENIENCE STORE, COMBINED WITH FULL FREE OFF LICENCE WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT UNDER AN ACTIVE HUSBAND AND WIFE TEAM.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION (£30,000/£35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Service area at rear with parking facilities for 4 cars
Staff : At present operated under management. Staff employed 1 full time manager plus 1 additional full time staff and 5 part time staff. Wages paid in the region of £1,000 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | FOR SALE | | | | | REFERENCE: | G6173 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
