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Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence Plus On Line National Lottery for Sale

Undisclosed, West Sussex
Leasehold Price:
£240,000
Status
FOR SALE
Advert ID
179803
Reference
G7635 / Rightbiz
WE ARE INFORMED the turnover currently averages £18,000 p.w. inclusive of VAT, in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500/£600 p.w. We are further advised that the gross profit is in the region of 24%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £150 p.w. The business also has Western Union Money Transfer & we understand this provides a further revenue of approximately £600 per month. We are further advised that Money Gram is shortly being introduced.The SPACIOUS living accommodation in the form of a SELF CONTAINED MAISONETTE over, is at present used for private use, however could be sublet to provide a rental income if not required for personal use. The MAISONETTE comprises:3 bedrooms (1 double, 1 small double, 1 single)Partly tiled bathroom with bath, w.c. & wash hand basinLarge loungeFitted kitchenIn addition to the main accommodation, there is a SELF CONTAINED FLAT on the first floor also at present used by the owners, however if not required for personal use has the potential to be let on a shorthold tenancy to provide a rental income. The FLAT with DOUBLE GLAZING, comprises:Double BedroomsMainly tiled bathroom with bath, w.c. wash hand basin (new suite)LoungeFitted kitchenPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £240,000 plus STOCK AT VALUATION (£60,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Leasehold Price: £240,000
Tenure: Leasehold
Location: Undisclosed, West Sussex
Sector: Convenience Stores, General Stores
Financials
Annual Turnover: £936,000
Contact Agent
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Advert Reference: G7635 / Rightbiz
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