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Related Ads > Nottinghamshire Business for Sale > Convenience Stores to Let > Convenience Stores in Nottinghamshire for Sale 

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

Undisclosed Nottinghamshire
Situated in a parade of 3 shops, busy road, residential area, NOTTINGHAMSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 71914
ADVERT IMPRESSIONS : 13,468 TIME(S)

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

LEASEHOLD:

£127500
 

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BUSINESS DETAILS:

Features : IMPRESSIVE & SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 1,700 sq. ft. sales area, we understand all newly fitted in October, 2011. New tiled floor, suspended ceiling with concealed lighting. The equipment includes 2-3.75m open cool display units (1 used for soft drinks whilst the other is used for dairy produce), 2 additional open cool display units in the region of 3.75m in total (1 used for beers whilst the other is used for wines), 4 large glass topped chest display deep freezes, bake-off oven (on loan), counter, till with EPOS scanning system. CCTV system with 16 cameras plus hard disc recording.

Large stockroom partly shelved
Office
Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade of 3 shops, busy road, residential area, NOTTINGHAMSHIRE

Opening Hours : Monday - Thursday inclusive - 7 a.m. - 10 p.m.
Friday & Saturday opening - 7 a.m. - 11 p.m.
Sunday opening - 8 a.m. - 10 p.m.

Turnover : WE ARE INFORMED the turnover currently averages £9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £200 p.w. Gross profit 22% approx.

Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 14½ years lease at a rental of £10,400 p.a. exclusive of rates for the next 4½ years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £2,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £127,500 plus STOCK AT VALUATION (£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Staff : The business is at present operated under management. Staff employed the vendor's brother-in-law as manager on a full time basis plus 1 part time staff.
   
  FOR SALE
   

REFERENCE:

G6226 / RightBiz
   
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