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

Undisclosed, Northamptonshire
Leasehold Price:
£245,000
Status
FOR SALE
Advert ID
258236
Reference
G8581 / Rightbiz
WE ARE INFORMED the turnover currently averages £17,000 p.w. in our opinion offering further potential in the right hands. We understand that 40 houses are due to be built nearby giving further potential for the business. We are further advised that outlying planning permission has been given for a further 240 houses nearby. Wholesale newsbill £900 p.w. We are further advised that the gross profit is in the region of 19%. The business is agents for the sale of on line national lottery tickets plus scratchcards & we understand this provides a commission of approximately £140 p.w. The business also has Paypoint & Payzone which provides we understand a further commission of approximately £50 p.w. The business has an ATM machine which we understand provides a further revenue of approximately £30 per month. WE UNDERSTAND THE BUSINESS IS OPERATED UNDER A FRANCHISE AGREEMENT WITH APPROXIMATELY 3 YEARS UNEXPIRED. FULL DETAILS AVAILABLE UPON REQUEST.The SPACIOUS living accommodation situated on the first floor DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING & SOLA PANELS, comprises:1 Double Bedrooms with fitted wardrobe, en suite shower room with shower, w.c. & wash hand basin 2 Further Double Bedrooms with fitted wardrobesFamily bathroom with bath, w.c. & wash hand basin Large lounge approximately 20' longFully fitted kitchen/dining roomPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £245,000 plus STOCK AT VALUATION (£30,000 approx)SUBSTANTIAL LOAN TO AN APPROVED APPLICANTPLEASE NOTE THE VENDORS ARE PREPARED TO CONSIDER THE SALE OF THE FREEHOLD PROPERTY AT A PRICE TO BE AGREED.
Listing Details
Leasehold Price: £245,000
Tenure: Leasehold
Location: Undisclosed, Northamptonshire
Sector: Convenience Stores, General Stores
Financials
Annual Turnover: £884,000
Contact Agent
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Advert Reference: G8581 / Rightbiz

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