Freehold Well Established Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence | | Undisclosed Cambridgeshire | | Spacious end terrace property, excellent trading position, CAMBRIDGESHIRE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70016 ADVERT IMPRESSIONS : 10,692 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | FREEHOLD: | £430000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : This well established business has been in the same family for the past 30 years and in the present owners hands for approximately 20 years.
Ample parking limited to 1 hour plus large free car park nearby
Sales area in the region of 650 sq. ft. Well fitted including counter, 2 electronic cash registers, upright double door glass fronted display fridge, 3 upright single door glass fronted display fridges, glass topped chest display deep freeze, 2 greeting card display stands with drawers under, modern shelving. CCTV system with 13 cameras plus monitor and recording.
Stockroom Staff cloakroom with w.c. and wash hand basin Large cellar with 1 deep freeze
Location : Spacious end terrace property, excellent trading position, CAMBRIDGESHIRE
Opening Hours : Monday - Saturday inclusive - 6 a.m. - 9.30 p.m. Sunday opening - 7 a.m. - 9.30 p.m.
Turnover : WE ARE INFORMED the turnover currently averages £10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,200 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £200 p.w. The business also has Paypoint and we understand this provides a further commission of approximately £85 p.w. We are further advised that the sales year ending 30th April, 2011 showed £384,065 with a total gross profit of £81,626 (including lottery commission of £8,636 plus Paypoint commission of £4,534.
Tenure : Uniform Business Rates: £1,095 p.a. (after small business relief)
OUTSTANDING OPPORTUNITY TO ACQUIRE A VALUABLE FREEHOLD PROPERTY WITH SELF SERVICE CONVENIENCE STORE IN THIS EXCELLENT TRADING POSITION.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £430,000 plus STOCK AT VALUATION SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Accommodation : The accommodation comprises 2 FLATS over which are at present let on shorthold tenancies, however, we understand that vacant possession could be given on completion. We further understand that the flats could be combined to provide spacious private living accommodation.
Flat No. 1. with Night Storage Heaters comprises: 1 Double Bedroom Bathroom with bath, w.c. and wash hand basin Large Lounge Kitchen with fitted units
As stated at present let on a shorthold tenancy and understand provides a rental income of £5,200 p.a.
Flat No. 2. comprises: 2 Double Bedrooms Bathroom with bath, w.c. and wash hand basin Large Lounge Kitchen with fitted units
As stated this flat is also let on a shorthold tenancy and we understand provides an additional rental income currently of £5,200 p.a.
Staff : The business is at present operated by a husband and wife team, with the assistance of 2 part time staff. | | | | | | FOR SALE | | | | | REFERENCE: | G6178 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |