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Profitable SELF SERVICE CONVENIENCE STORE, FRUIT & GREENS

Price:
Leasehold - £67,500
Turnover:
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Seller Ref:
G5790
Location:

Hertfordshire

Business Type:

Retail businesses

See Other:
Fruit & veg shops for sale in Hertfordshire
Confectioners for sale in Hertfordshire
General stores for sale in Hertfordshire
Convenience stores for sale in Hertfordshire
Retail businesses for sale in Hertfordshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : DOUBLE FRONTED SALES SHOP in the region of 700 sq. ft. with tiled floor, fluorescent lighting. The equipment includes electronic cash register, counter, 3 glass topped chest deep freezes, open dairy display unit, 3 upright double door drinks display fridges, 1 upright single door drinks display fridge, modern adjustable shelving, centre display gondola etc.

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

WE ARE INFORMED the turnover averages £7,500/£8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 24% approx.

We understand the premises are held on a secure renewable lease having approximately 13 years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £2,120 p.a.

RECOMMENDED FOR EARLY INSPECTION

SOLE OFFERED FOR SALE, DUE TO ILL HEALTH

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £67,500 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, main road trading position, HERTFORDSHIRE
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 £650 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

2 Double Bedrooms
Bathoom with bath, w.c. and wash hand basin
Lounge
Kitchen

Small yard
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