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SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE

Price:
Leasehold - £70,000
Turnover:
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Seller Ref:
G6245
Location:

Middlesex

Business Type:

Retail businesses

See Other:
Convenience stores for sale in Middlesex
General stores for sale in Middlesex
Supermarkets for sale in Middlesex
Off licences for sale in Middlesex
Confectioners for sale in Middlesex
Retail businesses for sale in Middlesex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SINGLE FRONTED SALES SHOP with woodstrip floor, suspended ceiling, fluorescent lighting, 1 air conditioning/heating unit. The equipment includes modern adjustable shelving, display gondola, 4 glass topped chest deep freezes, 1 open 2.75m cool display unit (used for dairy, milk & soft drinks), 1-1.5m open cool display unit (used for beers and wines), counter, 2 tills with EPOS scanning system etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £9,000/£10,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 24% approx. We further understand that the sales for the period 1st August, 2010 to the 30th September, 2011 showed sales of £457,910 with a gross profit of £104,602.

We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a renta of £13,500 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter. (We understand the landlord will consider a surrender of the existing lease and the granting of a new longer lease at terms and rent to be agreed).

Uniform Business Rates: £5,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, main road trading position, residential area, MIDDLESEX
Trading Hours:
Monday - Saturday inclusive - 7 a.m. - 12 midnight
Sunday opening - 8 a.m. - 11 p.m.
Accommodation:
Yard at rear with parking space for 1 car
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