Scroll To Top

Convenience store for Sale (+accomadation) Lincolnshire Turnover £26k week Retirement sa

Lincoln, Lincolnshire
Freehold Price:
£550,000
Status
FOR SALE
Advert ID
156502
PRICE £550,000 FREEHOLD NO OFFERS



LOCATION: LINCOLNSHIRE-approx 20 miles from Lincoln

A retirement sale. I have owned and expanded the store since 1988 and sales have risen steadily over the years. Current sales are gross £26,000 per week to include-

Shop sales: 20,000 Lottery: 4,000 Payzone: 2,000. G.P FOR YEAR ENDING JAN 2015- £218K

On top we also receive commission from cash machine of £3000 annually and we also operate MyHermes parcel delivery which currently gives £6,500 annually.

Shop is 1200 sq ft + garage as stock room. All fixtures and fittings are modern to include but not limited to 2 x 3.75 chillers for beer and dairy, 4 m run of freezers, latest epos and brand new CCTV installed 2 months ago. Ancillary stock room behind garage. Staff WC. This is a high footfall store and any prospective purchaser will be pleased to hear that there is room for expansion behind the existing store.

Accommodation includes lounge, dining room kitchen, and 4 bedrooms directly behind shop, one main bathroom with shower & bath etc & also another shower room. All tastefully decorated within last 8 months.

Accounts available for last 5+ years - including the year just finished.

*******IMPORTANT-PLEASE READ***

Any prospective viewing will only be accepted once you have proven you have adequate funds to purchase this business. This can be done by way of bank statement.

Assuming you need a loan the value of the minimum deposit will be circa £55k. This is assuming a loan to value ratio of 10% which is now available through lenders. You will also need minimum £20,000 for stock.

We have a good relationship with our bank and they would be willing to assist anyone wishing to obtain funding.
Listing Details
Freehold Price: £550,000
Tenure: Freehold
Location: Lincoln, Lincolnshire
Sector: Convenience Stores, Off Licences
Financials
Annual Turnover: £1,300,000
Key Features
  • Attractive Business
  • Established Business
  • Planning Consent Available
  • Prime Location
  • Fully Fitted
  • High Turnover
  • Close to Local Amenities
  • Price Reduced
  • Accounts Available
  • Retirement Sale
  • With Accommodation
Listing Statistics
Impressionsi: Login to view
Enquiriesi: Login to view
Interestedi: Login to view
Watchingi: Login to view
Date Ad Submitted: Login to view
Last Viewedi: Login to view
Last Updatedi: Login to view
Last Enquiry Received: Login to view
Register and contact seller.
By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.
* required fields
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing

Related Businesses for Sale

Convenience Stores
Amit Jobanputra
Unopposed convenience store huge...
Scunthorpe, Lincolnshire
Supermarkets
Convenience Stores
Amit Jobanputra
Popular Convenience Store in Shirebook
Undisclosed, Nottinghamshire
Convenience Stores
Disclaimer
The data showed regarding this advert 'Convenience store for Sale (+accomadation) Lincolnshire Turnover £26k week Retirement sa' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller