Long established CONVIENANCE STORE WITH OFF LICENSE, ONLINE NATIONAL LOTTER
Price:
Leasehold - £130,000 Freehold - £489,500
Location:
Wales, South Wales
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SUMMARY:
• PRICE (LEASEHOLD) £130,000 • SIZE 125.15(M²) / 1,347.1(Ft²)
• NEWSBILL £800p.w.
• GROSS PROFIT 25% • TURNOVER £14,000p.w.
DESCRIPTION:
DOUBLE FRONTED, Air conditioning with hot air, suspended ceiling with fluorescent lighting, sales counter, tiled floor, 2 x open cool display unit (3 metres), 2 x fridge (Glass Fronted), CCTV system (8 cameras, 2 monitor & harddisk recorder), EPOS scanning system with 1 till, shelving (modern adjustable).
• Office. • 2 x Toilet with w.c. and wash hand basin (Staff)
We have not had sight of the account but WE ARE INFORMED by the vendor :
• Turnover averages £14,000 p.w. • Gross profit 25% approx. • Wholesale newsbill £800 p.w.
COMMISSIONS RECEIVED : (in addition) • National Lottery £350 p.w. • PayPoint £80 p.w. • Cash Machine - £150/£200 per month
The vendor owns the Freehold and subject to satisfactory references is prepaed to grant a new 16 years full repairing and insuring lease in respect of the shop with semi-detached house at a rental of £24,000 p.a. exclusive of rates for the first 4 years, withrent review at that time and thereafter every 4 years.
Uniform Business Rates: £500 p.a. approx. (please contact local Council to confirm)
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£25,000 APPROX.) SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £489,500 plus STOCK AT VALUATION (£25,000 approx). SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Semi-detached property, unopposed trading position, residential area, South Wales.
7 Day week (Monday - Saturday) 7am - 10pm Sunday 8am - 10pm
The accommodation in the form of the adjoining SEMI-DETACHED HOUSE with FULL GAS FIRED CENTRAL HEATING, comprising:
Ground floor: Lounge Separate dining room Fitted kitchen.
First floor: 3 bedrooms (2 doubles, 1 single) Bathroom with bath, separate shower, w.c. and wash hand basin.
Parking spaces to the front for 10 cars. Parking in front of house for approx. 2 cars. Conservatory. Rear patio garden.
North Yorkshire
£ 750,000
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