Well established SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE plus
Price:
Leasehold - £70,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SPACIOUS SINGLE FRONTED SALES SHOP we understand in the region of 900/1,000 sq. ft. sales area with tiled floor, suspended ceiling and well equipped including counter, 2 electronic cash registers, 1 glass topped deep freeze, 3 open cool display units, modern shelving, centre display gondola etc.
Stockroom
Staff cloakroom with w.c. and wash hand basins
WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering further potential to increse in the right hands. Gross profit we are advised in the region of 20%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a further revenue of approximately £275 p.w. In addition there is Paypoint which we understand provides a further revenue of approximately £125 p.w.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £14,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. (Please note the vendors are prepared to discuss a shorter or longer lease, if desired).
Uniform Business Rates: £2,100 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Main road trading position, MIDDLESEX
Monday - Saturday inclusive - 8 a.m. - 11 p.m.
Sunday opening - 9 a.m. - 10 p.m.
Rear access for deliveries
North Yorkshire
£ 750,000
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