SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE
Price:
Leasehold - £95,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 900/1,000 sq. ft. sales area with laminated strip floor, suspended ceiling, fluorescent lighting and fully equipped including modern adjustable shelving, 5 glass topped chest deep freezes, 1-3m open cool display unit (used for wines and beers), 1-1m open cool display unit (used for beers), 1 large approximately 7.5m open cool display unit (used for dairy produce, milk plus soft drinks), centre display gondola, 1 greeting card display stand,1 revolving card display stand, counter, electronic cash register etc.
3 Stockrooms
Staff w.c. and wash hand basin
WE ARE INFORMED the turnover averages £7,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 23% approx.
We understand the premises are held on a secure renewable lease, the present lease having approximately 23 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years. (As will be appreciated with the rental income from the accommodation over of £10,800 p.a. the net current rental payable at the present time is only £9,200 p.a. exclusive of rates).
Uniform Business Rates: £2,900 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, residential area, HERTFORDSHIRE
Monday - Friday inclusive - 8 a.m. - 10 p.m.
Saturday opening - 9 a.m. - 10 p.m.
Sunday openin
The SPACIOUS accommodation in the form of a MAISONETTE over is at present let on a shorthold tenancy and provides a rental income of £900 per month, however, we understand that vacant possession can be given on completion. The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Bedrooms (1 doubles, 2 singles)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
North Yorkshire
£ 750,000
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