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Recently opened SELF SERVICE STORES, COUNTER NEWS (not direct supplies), CO

Price:
Leasehold - £14,995
Turnover:
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Seller Ref:
G6151
Location:

Derbyshire

Business Type:

Retail businesses

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Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SINGLE FRONTED MEDIUM SIZED SALES SHOP probably in the region of 150 sq. ft. sales area with ceramic tiled floor, suspended ceiling with concealed lighting and well equipped including modern adjustable shelving, ice cream deep freeze, 1 open cool display unit, double door glass fronted display fridge (on loan), counter, electronic cash register etc.

Stockroom probably in the region of 100 sq. ft. partly shelved

Staff cloakroom with w.c. and wash hand basin

WE UNDERSTAND THE BUSINESS was opened approximately 5 months ago and we are further advised that the turnover is currently in the region of £3,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit we are advised in the region of 24% approx.

We understand the landlord, subject to satisfactory references is prepared to grant a new 10/15 years lease at an initial rental of approximately £7,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £14,995 plus STOCK AT VALUATION (£5,000 approx).
LOAN POSSIBLE TO AN APPROVED APPLICANT
Location Details:
Residential area DERBY
Trading Hours:
Monday - Saturday inclusive - 9 a.m. - 9 p.m.
NO SUNDAY TRADING
We understand the Off Licenc
Accommodation:
Yard at rear
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