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SUPERBLY FITTED SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY

Price:
Leasehold - £127,500
Turnover:
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Seller Ref:
G6226
Location:

Nottinghamshire

Business Type:

Retail businesses

See Other:
General stores for sale in Nottinghamshire
Convenience stores for sale in Nottinghamshire
Off licences for sale in Nottinghamshire
Confectioners for sale in Nottinghamshire
Supermarkets for sale in Nottinghamshire
Retail businesses for sale in Nottinghamshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : IMPRESSIVE & SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 1,700 sq. ft. sales area, we understand all newly fitted in October, 2011. New tiled floor, suspended ceiling with concealed lighting. The equipment includes 2-3.75m open cool display units (1 used for soft drinks whilst the other is used for dairy produce), 2 additional open cool display units in the region of 3.75m in total (1 used for beers whilst the other is used for wines), 4 large glass topped chest display deep freezes, bake-off oven (on loan), counter, till with EPOS scanning system. CCTV system with 16 cameras plus hard disc recording.

Large stockroom partly shelved
Office
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover currently averages £9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £200 p.w. Gross profit 22% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 14½ years lease at a rental of £10,400 p.a. exclusive of rates for the next 4½ years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £2,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £127,500 plus STOCK AT VALUATION (£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade of 3 shops, busy road, residential area, NOTTINGHAMSHIRE
Trading Hours:
Monday - Thursday inclusive - 7 a.m. - 10 p.m.
Friday & Saturday opening - 7 a.m. - 11 p.m.
Su
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