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Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence for Sale

Undisclosed, East Riding of Yorkshire
Leasehold Price:
£88,000
Status
FOR SALE
Advert ID
236202
Reference
G8248 / Rightbiz
WE ARE INFORMED the turnover averages £12,500 p.w. in our opinion offering further potential to increase, especially with additional opening hours. Wholesale newsbill £500/£600 p.w. We are further advised that the gross profit is in the region of 24%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £110 p.w. The business also has Payzone which we understand provides a further revenue of approximately £40 p.w.The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of £370 per month, however we understand that vacant possession can be given on completion if required. The FLAT comprises:1 Double BedroomBathroom with bath, w.c. & wash hand basinLoungeKitchenPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £88,000 plus STOCK AT VALUATION (£30,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Leasehold Price: £88,000
Tenure: Leasehold
Location: Undisclosed, East Riding of Yorkshire
Sector: Convenience Stores, General Stores
Financials
Annual Turnover: £650,000
Contact Agent
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Advert Reference: G8248 / Rightbiz
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