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Long established CONVIENANCE STORE WITH OFF LICENSE, ONLINE NATIONAL LOTTER

Price:
Leasehold - £130,000
Freehold - £489,500
Turnover:
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Seller Ref:
G6065
Location:

Wales, South Wales

Business Type:

Retail businesses

See Other:
General stores for sale in Wales
Convenience stores for sale in Wales
Off licences for sale in Wales
Supermarkets for sale in Wales
Confectioners for sale in Wales
Retail businesses for sale in Wales
Description:
THE BUSINESS:
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
Location Details:
Semi-detached property, unopposed trading position, residential area, South Wales.
Trading Hours:
7 Day week (Monday - Saturday) 7am - 10pm
Sunday 8am - 10pm
Accommodation:
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.
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