Tarmaced customers' car park in front of parade for approximately 20 cars. In addition there is a rear car park for customers.
SPACIOUS SALES SHOP probably in the region of 1,800 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, till with EPOS scanning (not utilized at present), cigarette gantry (on loan), modern adjustable shelving, 3 glass topped chest display deep freezers, 2 large glass sliding topped chest display deep freezers, approximately 5m open cool display unit, 1-2.75m open cool display unit, centre display gondolas, glass fronted drinks display fridge (on loan from Coca Cola), Red Bull glass fronted display fridge (on loan), 2 revolving card display stands (on loan).
As will be appreciated upon inspection, in our opinion the shop would benefit with a certain amount of refitting..
Turnover : £11,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit we are advised 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of between £50/60 p.w. The business also has Payzone. The business also has an external ATM machine & we understand the vendor receives a rental of £5,500 p.a. In addition a certain percentage from the useage of the machine by customers. We are further advised that the sales year ending 31st March, 2015 showed sales of £444,845 with a gross profit of £101,287 including commission from the ATM machine, lottery commissiion & Payzone of £8,522.
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£25,000/£30,000 approx. can be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Saturday inclusive - 8.30 a.m. - 8 p.m.
Sunday - 9.30 a.m. - 6 p.m.
Number of Employees:
The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 1 full time staff.
Situated in a parade, sought after residential area, WARWICKSHIRE
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