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Superbly fitted SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACC
Price:
Leasehold - £180,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SPACIOUS WELL FITTED SALES SHOP probably in the region of 900/1,000 sq. ft. sales area with porcelain tiled floor, suspended ceiling with concealed lighting and fully equipped including counter, 1 till with EPOS scanning system, 2 units comprising 10 metres of open cool display refrigeration (used for dairy produce, milk plus wines and beers), 2-3m large glass topped chest display deep freezes, modern adjustable shelving, display gondolas, magazine display shelving.
3 Stockroom
Staff w.c. and wash hand basin
Staff kitchen
WE ARE INFORMED the turnover currently averages £13,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,500 p.w. Gross profit 23% approx.
We understand the entire premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of £16,800 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years. (As will be appreciated with the rental income form the accommodation of £5,400 the net rental payable at the present time is only £11,400 p.a. exclusive of rates). We further understand, if required, the landlord is prepared to grant, subject to satisfactory references, a new 15 years lease at an initial rental of approximately £16,800 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £5,500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION (£25,000/£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent trading position, country town, residential area, DERBYSHIRE
Monday - Saturday inclusive - 8 a.m. - 10 p.m.
Sunday opening - 7 a.m. - 9 p.m.
The accommodation in the form of a SELF CONTAINED MAISONETTE over is at present let on a shorthold tenancy and provides a rental income of £450 per month, however, we understand that vacant possession can be given on completion, if required. The addommodation DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
4 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin (new suite)
Large Lounge
Newly fitted kitchen
Yard at rear
North Yorkshire
£ 750,000
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Business Services that may be of Interest:
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