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SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, FULL OFF LICE

Price:
Leasehold - £49,500
Freehold - £260,000
Turnover:
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Seller Ref:
G6192
Location:

Hampshire

Business Type:

Retail businesses

See Other:
Convenience stores for sale in Hampshire
General stores for sale in Hampshire
Confectioners for sale in Hampshire
Supermarkets for sale in Hampshire
Off licences for sale in Hampshire
Retail businesses for sale in Hampshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Electric shutter to DOUBLE FRONTED SALES SHOP. Sales area in the region of 550 sq. ft. with laminated strip floor, suspended ceiling with concealed lighting. The equipment includes counter, electronic cash register, modern adjustable shelving, 2 large glass sliding front cool display units (both on loan from Coca Cola), 1 upright double door glass fronted display fridge (used for dairy, sandwiches etc), 1 upright single door glass fronted driks display fridge (used for milk), 1 upright double sliding door display fridge (used for beers), 1 upright single door glass fronted display deep freeze (used for frozen foods), glass topped ice cream deep freeze, centre display gondola. CCTV system with 8 cameras, 2 monitors plus recording etc.

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

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w.

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease in respect of the shop with the self contained flat over at a rental of £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. Alternatively if the accommodation is not required, the vendor, subject to satisfactory references, is prepared to grant a new 12 years full repairing and insuring lease in respect of the shop only at a rental of £10,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

THE BUSINESS HAS BEEN IN THE SALE HANDS FOR THE PAST 6 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £260,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Location Details:
Terraced property densely populated residential area, HAMPSHIRE
Trading Hours:
Monday, Tuesday & Wednesday - 6.30 a.m. - 9 p.m.
Thursday, Friday & Saturday - 6.30 a.m. - 10 p.m
Accommodation:
The accommodation in the form of a SELF CONTAINED FLAT over, is at present let on a shorthold tenancy and provides a rental income of £500 per month, however, we understand that vacant possession can be given on completion, if required. The Flat comprises:

1 Double Bedroom
1 shower room with shower, w.c. and wash hand basin
Lounge
Kitchen

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