Convenience Stores for sale in Mid Glamorgan

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Ian McGregor (Nov 2013)
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Leasehold Price: £135,000 Weekly Turnover: £12,500
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Business Description

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 1,300 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes counter, 2 tills with EPOS scanning system plus Post Office Combination Counter (2 positions), 1 upright double door display deep freezer, 1-2.75m open cool display unit, 1 3-door glass fronted display fridge, 1 single door glass fronted display fridge, modern adjustable shelving, display gondolas etc.

Large stockroom with shelving
Staff w.c. & wash hand basin.

Turnover : £12,500 p.w. Wholesale newsbill £450 p.w. We are advised that the gross profit is in the region of 24%. Post Office income we are advised in the region of £20,000 p.a.

Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:

Monday - Friday inclusive - 7 a.m. - 10 p.m.
Saturday & Sunday opening - 8 a.m. - 10 p.m.

Number of Employees:

At present operated by 1 of the partners with the assistance of his wife on a part time basis plus 1 full time & 1 part time staff.

Tenure: Leasehold

Number of bedrooms: 6

Accommodation Details:

The main accommodation comprises a SELF CONTAINED FLAT, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING comprising:

3 Bedrooms
Bathroom with bath, w.c. & wash hand basin
Dining Room

This flat, if not required for personal use, we understand could be sublet on a shorthold tenancy to provide a rental income of £600 per month.

In addition there is a STUDIO FLAT comprising:

Bedroom/living room
Bathroom with bath, w.c. & wash hand basin
Separate kitchen

This flat is currently let on a shorthold tenancy and provides a rental income of £300 per month.

In addition there is a third FLAT which does require some refurbishment & we are advised by the present owner would cost in the region of £1,600. This FLAT comprises:

2 Double Bedrooms
Shower room with shower, w.c. & wash hand basin
Lounge with kitchen area

We understand this flat could also be sublet to provide a rental income of approximately £550 per month

Location Details: Residential area near SOUTH GLAMORGAN, SOUTH WALES

Listed by: Nationwide Businesses Ltd
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