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Tuesday 17th of Oct 2017 - My Account - Register - Brokers - Bookmark RightBiz
Leasehold:
£95,000

Detached Self Service Convenience Store, News, Full Free Off Licence For Sale Premium Advert

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Further Details
ReferenceC8872 / RightBiz
Status
FOR SALE
Advert ID201236
LocationUndisclosed, Surrey
SectorConvenience Stores, General Stores
Leasehold Price£95,000
Annual Turnover£442,000
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Date Ad Submitted
WE ARE INFORMED the turnover averages £8,500/£9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £600 p.w. We are further advised that the gross profit is in the region of 22%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £200 per month. The business also sells bus passes & we understand this provides a further commission of approximately £200 per month. The business also has Collect Plus Parcel Agency which we understand provides a further revenue of approximately £140 per month. We are further advised that an internal ATM machine has recently been installed.
The SELF CONTAINED accommodation at present let on a shorthold tenancy & providing a rental income of £1,200 per month, we understand can be vacant on completion if required. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen with fitted units
Price :
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£25,000/£30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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