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

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

Undisclosed Gloucestershire
Situated end of terrace, residential area, sought after COTSWOLDS TOWN
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 71922
ADVERT IMPRESSIONS : 11,388 TIME(S)

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

LEASEHOLD:

£70000
 

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BUSINESS DETAILS:

Features : NO PARKING PROBLEMS

Electric shutters to SINGLE FRONTED SALES SHOP in the region of 350 sq. ft. sales area with woodstrip floor and well equipped including counter, 1 till with scanning system, 2 open cool display units, 1 upright glass fronted deep freeze, modern adjustable shelving etc.

Kitchen area with shelving
Staff w.c.
Shower room
Small additional stockroom (no shelving)

Location : Situated end of terrace, residential area, sought after COTSWOLDS TOWN

Opening Hours : Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening 8 a.m. - 8 p.m.

Turnover : WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £550/£600 p.w. Gross profit we understand to be in the region of 25% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a further revenue of approximaterly £100 p.w. In addition the business also has Paypoint which we understand provides a further commission of approximately £15 p.w.

Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of £14,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£14,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Small yard at rear

Staff : At present staff operated. Staff employed 2 full time plus 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
   
  FOR SALE
   

REFERENCE:

G6232 / RightBiz
   
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