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Well equipped FULL FREE OFF LICENCE plus CONVENIENCE GROCERIES

Price:
Leasehold - £140,000
Turnover:
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Seller Ref:
C7823
Location:

Wales, South Wales

Business Type:

Retail businesses

See Other:
Confectioners for sale in Wales
Off licences for sale in Wales
Convenience stores for sale in Wales
Retail businesses for sale in Wales
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP with new shop front proably in the region of 700 sq. ft. sales area, newly fitted, suspended ceiling with concealed lighting. 7m open cool display unit (used for wines, beers and soft drinks), modern adjustable shelving, counter, 2 tills with EPOS scanning system etc.

Stockroom
Staff w.c. and wash hand basin plus shower
Kitchen

WE ARE INFORMED the turnover averages £11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 25% approx. In addition the business has Paypoint.

We understand the premises are held on a secure renewable lease, the present lease having approximately 23½ years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 3½ years with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, town centre position, SOUTH WALES
Trading Hours:
Sunday - Thursday inclusive - 9 a.m. - 11 p.m.
Friday & Saturday - 9 a.m. - 2 a.m.
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