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Profitable SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOB

Price:
Leasehold - £99,950
Turnover:
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Seller Ref:
G5313
Location:

Northamptonshire

Business Type:

Retail businesses

See Other:
General stores for sale in Northamptonshire
Off licences for sale in Northamptonshire
Convenience stores for sale in Northamptonshire
Confectioners for sale in Northamptonshire
Supermarkets for sale in Northamptonshire
Retail businesses for sale in Northamptonshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,000 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes modern adjustable shelving, centre display gondola, 5m open cool display unit, 1 upright double door drinks display fridge, photocopier (on loan), counter.

The following is on lease, to be taken over: EPOS scanning system with 2 tills.

First floor stockroom
Small kitchen
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £9,000/£10,000 p.w. in our opinion offering further potential to increase, especially with additional opening hours. Wholesale newsbill £1,600 p.w. Gross profit 20% approx. The business is also agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £150 p.w. In addition, there is a Paypoint and we understand this provides a further commission of approx. £40 p.w. The business is also agents for Western Union money transfer and we understand that this provides a further commission of between £100/£150 per month.

We understand the premises are held on a secure renewable lease having approximately 15 years unexpired from March, 2009 at a rental of £20,000 p.a. exclusive of rates up to March, 2014, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £7,462 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,950 NO OFFERS plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, main road trading position, densely populated residential area, NORTHAMPTONshire
Trading Hours:
Monday - Friday inclusive - 5 a.m. - 8 p.m.
Saturday opening - 5 a.m. - 7:30 p.m.
Sunday openi
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