CONVENIENCE STORE WITH COUNTER NEWS

Price:

Freehold - £800,000

Turnover:

Seller Ref:

G23746G

Location:

Lincolnshire , Spilsby

Business Type:

Retail businesses

See Other:

Convenience stores for sale in Lincolnshire
Off licences for sale in Lincolnshire
Newsagents for sale in Lincolnshire
General stores for sale in Lincolnshire
Retail businesses for sale in Lincolnshire

Description:

THE BUSINESS:

This very popular business is situated on a busy road close to the centre of an attractive market town at the foot of the Lincolnshire Wolds. There is further residential expansion in the area and industrial usage close by. The premises benefits from excellent free parking outside the premises.

Description:
This large detached property comprises
Retail shop area and facilities. Approx 2.000sqft total including secure delivery area to the rear.
Self contained 2 bedroom flat.
Self contained 2 bedroom house.

The shop offers an extensive line of products and services.

Accounts for Year Ended November 2009 show;
? Net Sales of £638.902pa with a GP of 18%. EM&F have calculated an impressive ANP (Adjusted Net Profit) of £88.335pa for a working couple.

This is a long established and superbly fitted business benefiting from 2 self contained dwellings in a part of rural Lincolnshire approx 10 miles from the East coast. The house is currently rented at £400pcm and the flat also at £400pcm.

Accommodation:

Yes