Convenient Store For sale in Kingswinford Leasehold

Kingswinford, West Midlands

Status

FOR SALE

Date Submitted:

05/12/18

Advert ID

235067

Reference

945 / Rightbiz
Leasehold: £175,000

Features

 Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

LARGE CUSTOMERS' CAR PARK 

SPACIOUS SALES SHOP. sales area with tiled floor, suspended ceiling with concealed lighting & well equpped including 2 upright double door glass fronted display deep freezers, 1 upright single door glass fronted display deep freezer,  open cool display units, counter, 2 electronic cash register with scanning systems etc.

Staff cloakroom with w.c. & wash hand basin 


Turnover

WE ARE INFORMED the turnover is currently in the region of £18,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The business is a family run concern with the assistance of 3 part time staff.

Trading Hours

7 a.m. - 10.00 p.m. seven days per week

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Cloakroom with w.c. & wash hand basin 
Fitted Kitchen

Tenure

The vendor owns the leasehold and subject to satisfactory references is prepared to grant a 15 years lease at a rental £22,500 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £8,500 p.a. approx. 

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION (£30,000/£35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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Contact Agent
Advert Reference:
945 / Rightbiz
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