Superbly Fitted Self Service Convenience Store, News, Confectionery, Tobacco, Full Free Off Licence | | Undisclosed Derbyshire | | Situated in a parade, excellent trading position, country town, residential area, DERBYSHIRE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70019
ADVERT IMPRESSIONS : 15,835 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £180000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : SPACIOUS WELL FITTED SALES SHOP probably in the region of 900/1,000 sq. ft. sales area with porcelain tiled floor, suspended ceiling with concealed lighting and fully equipped including counter, 1 till with EPOS scanning system, 2 units comprising 10 metres of open cool display refrigeration (used for dairy produce, milk plus wines and beers), 2-3m large glass topped chest display deep freezes, modern adjustable shelving, display gondolas, magazine display shelving.
3 Stockroom
Staff w.c. and wash hand basin
Staff kitchen
Location : Situated in a parade, excellent trading position, country town, residential area, DERBYSHIRE
Opening Hours : Monday - Saturday inclusive - 8 a.m. - 10 p.m.
Sunday opening - 7 a.m. - 9 p.m.
Turnover : WE ARE INFORMED the turnover currently averages £13,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,500 p.w. Gross profit 23% approx.
Tenure : We understand the entire premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of £16,800 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years. (As will be appreciated with the rental income form the accommodation of £5,400 the net rental payable at the present time is only £11,400 p.a. exclusive of rates). We further understand, if required, the landlord is prepared to grant, subject to satisfactory references, a new 15 years lease at an initial rental of approximately £16,800 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £5,500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION (£25,000/£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED MAISONETTE over is at present let on a shorthold tenancy and provides a rental income of £450 per month, however, we understand that vacant possession can be given on completion, if required. The addommodation DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
4 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin (new suite)
Large Lounge
Newly fitted kitchen
Outside : Yard at rear
Staff : The business is at present operated by the vendor with the assistance of 2 full time staff. 5 newsboys employed. Delivery charge £1/£1,80 p.w. | | | | | | FOR SALE | | | | | REFERENCE: | G6175 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
