Profitable well established FRUIT & GREENS plus slight CONVENIENCE GROCERIE
Price:
Leasehold - £79,500
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Double fronted SALES SHOP approx. 600 sq. ft. sales area, with tiled floor, fluorescent lighting and fully equipped including 2 single door display fridges (1 used for soft drinks whilst the other is used for milk), modern display shelving, scales, electronic cash register, walk in coldroom, etc.
Stockroom. Staff cloakroom with w.c. and wash hand.
WE ARE INFORMED the turnover averages £5,500/£6,000 p.w., in our opinion offering further potential to increase in the right hands. Gross profit 45% approx.
WE UNDERSTAND the entire premises are held on a secure renewable lease, the present lease having approx. 9 years unexpired, at a rental of £21,000 p.a. excl. of rates up to March 2014, with rent to be agreed thereafter. It will be appreciated that, with the rental income currently of £16,800 p.a. in respect of the accommodation, the net rental payable at the present time is only £4,200 p.a. excl. of rates.
The business has been in the same hands since 2007 and there are genuine reasons for sale.
RECOMMENDED FOR EARLY INSPECTION.
PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £79,500 PLUS STOCK AT VALUATION. SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Situated in a parade, excellent trading position, residential and commercial area, MIDDLESEX.
Monday/Saturday incl. 7 a.m. - 9.30 p.m. Sunday, 9 a.m. - 7 p.m.
The self contained living accommodation, in the form of a MAISONETTE OVER, with full gas fired central heating, comprises:
First floor -
Lounge (or double bedroom) plus additional bedroom. Kitchen.
Second floor -
2 additional double bedrooms. Bathroom with bath, shower and wash hand basin. Separate w.c.
Please note: We understand that the 4 bedrooms are at present let as individual rooms at £350 per month each, providing a rental income at the present time of £16,800 p.a. We understand that vacant possession can be given on completion, if required.
Parking space for 2 cars.
North Yorkshire
£ 750,000
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