Convenience Stores for sale in Hampshire

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 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Freehold Price: £550,000 Leasehold Price: £185,000 Weekly Turnover: £15,000
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Business Description
• ACCOMMODATION INCLUDED

SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 900/1,000 sq. ft. refitted we understand in 2006. Tiled floor, suspended ceiling with concealed lighting. Counter, 1 till with EPOS scanning system, 3 glass topped chest display deep freezers, 2-3.75m open cool display units, 1-1.5m open cool display unit, modern adjustable shelving, display gondolas etc.

Stockroom
Staff w.c. & wash hand basin.

Turnover : WE ARE INFORMED the turnover during the winter months is in the region of £15,000/£16,000 p.w. increasing in the summer months to approximately £17,000/£18,000 p.w. Wholesale newsbill £200 p.w. We are further advised that the gross profit is in excess of 20%.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION (£35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Alternatively the vendor is prepared to sell the long leasehold property which we understand has approximately 90 years unexpired at nil ground rent, fixed for the entire term.

ASKING PRICE FOR THE VALUABLE LONG LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £550,000 plus STOCK AT VALUATION (£35,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:
6 a.m. - 10 p.m. seven days per week


Number of Employees:

At present staff operated. 3 full time staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Tenure: Freehold, Leasehold

Number of bedrooms: 3

Accommodation Details:

The SPACIOUS accommodation over with FULL GAS FIRED CENTRAL HEATING, is at present let & provides a rental income of £1,150 per month, however we understand the accommodation can be vacant if required. The accommodation comprises:

3 Bedrooms (2 doubles, 1 large single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen/Dining RoomYard at rear with parking space

Location Details:

Situated in a parade, large residential estate, HAMPSHIRE

Listed by: Nationwide Businesses Ltd
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G7480
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