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Related Ads > Hampshire Business for Sale > Leasehold Convenience Stores to Let > Convenience Stores in Hampshire for Sale 

Self Service Convenience Store, News, Confectionery, Tobacco, Full Off Licence For Sale

Undisclosed Hampshire
Terraced property densely populated residential area, HAMPSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 70899
ADVERT IMPRESSIONS : 16,896 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Agent Sale

FREEHOLD:

£260000

LEASEHOLD:

£49500
 

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BUSINESS DETAILS:

Features : Electric shutter to DOUBLE FRONTED SALES SHOP. Sales area in the region of 550 sq. ft. with laminated strip floor, suspended ceiling with concealed lighting. The equipment includes counter, electronic cash register, modern adjustable shelving, 2 large glass sliding front cool display units (both on loan from Coca Cola), 1 upright double door glass fronted display fridge (used for dairy, sandwiches etc), 1 upright single door glass fronted driks display fridge (used for milk), 1 upright double sliding door display fridge (used for beers), 1 upright single door glass fronted display deep freeze (used for frozen foods), glass topped ice cream deep freeze, centre display gondola. CCTV system with 8 cameras, 2 monitors plus recording etc.

Stockroom plus cloakroom with w.c. and wash hand basin

Location : Terraced property densely populated residential area, HAMPSHIRE

Opening Hours : Monday, Tuesday & Wednesday - 6.30 a.m. - 9 p.m.
Thursday, Friday & Saturday - 6.30 a.m. - 10 p.m.
Sunday opening - 7 a.m. - 7 p.m.

Turnover : WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w.

Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease in respect of the shop with the self contained flat over at a rental of £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. Alternatively if the accommodation is not required, the vendor, subject to satisfactory references, is prepared to grant a new 12 years full repairing and insuring lease in respect of the shop only at a rental of £10,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

THE BUSINESS HAS BEEN IN THE SALE HANDS FOR THE PAST 6 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £260,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over, is at present let on a shorthold tenancy and provides a rental income of £500 per month, however, we understand that vacant possession can be given on completion, if required. The Flat comprises:

1 Double Bedroom
1 shower room with shower, w.c. and wash hand basin
Lounge
Kitchen

Staff : The business is at present mainly staff operated. 4 part time staff employed. 2 morning newsrounds. Delivery charge £1/£1.50 p.w.
   
  FOR SALE
   

REFERENCE:

G6192 / RightBiz
   
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ENQUIRIES:

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