DISCOUNT STORE WITH FULL FREE OFF LICENCE
Price:
Leasehold - £20,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : ATTRACTIVE SINGLE FRONTED MEDIUM SIZED SALES SHOP (due for refit shortly) with woodstrip floor, fluorescent lighting. The equipment includes counter, electronic cash register, 1 open cool display unit (used for beers, wines, juices and soft drinks), chest deep freeze (not used), ice cream deep freeze (also not used at present).
Stockroom
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £1,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit we are advised in the region of 30%. In addition the business is agents for Western Union and we understand that this provides a further revenue of approximately £200/£300 per month.
We understand the premises are held on a secure renewable lease, the present lease having approximately 20½ years unexpired at a present rental of £17,600 p.a. exclusive of rates for the next 6 months with rent review at that time for the next 5 years. The present tenant does not anticipate any increase. We are further advised that the rent reviews are every 5 years.
Uniform Business Rates: £5,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
REDUCED FOR EARLY SALE DUE TO ILL HEALTH
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION (£10,000/£15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, MIDDLESEX
Summer Months - 9.30 a.m. - 9 p.m.
Winter Months - 9.30 a.m. - 8 p.m.
(We understand that the
Car parking space at rear for 1 car
North Yorkshire
£ 750,000
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