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

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Status
FOR SALE
Advert ID
201236
Reference
C8872 / RightBiz

Details

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
Listing Details
Leasehold Price: £95,000
Tenure: Leasehold
Sector: Convenience Stores, General Stores
Financials
Annual Turnover: £442,000
Listing Statistics
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The data showed regarding this advert 'Detached Self Service Convenience Store, News, Full Free Off Licence For Sale - C8872 / Rightbiz' 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.