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FREEHOLD WELL ESTABLISHED SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CON

Price:
Freehold - £430,000
Turnover:
Register to view
Seller Ref:
G6178
Location:

Cambridgeshire

Business Type:

Retail businesses

See Other:
Off licences for sale in Cambridgeshire
General stores for sale in Cambridgeshire
Convenience stores for sale in Cambridgeshire
Supermarkets for sale in Cambridgeshire
Confectioners for sale in Cambridgeshire
Retail businesses for sale in Cambridgeshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : This well established business has been in the same family for the past 30 years and in the present owners hands for approximately 20 years.

Ample parking limited to 1 hour plus large free car park nearby

Sales area in the region of 650 sq. ft. Well fitted including counter, 2 electronic cash registers, upright double door glass fronted display fridge, 3 upright single door glass fronted display fridges, glass topped chest display deep freeze, 2 greeting card display stands with drawers under, modern shelving. CCTV system with 13 cameras plus monitor and recording. Air conditioning system.

Stockroom
Staff cloakroom with w.c. and wash hand basin
Large cellar, ideal for storage

WE ARE INFORMED the turnover currently averages £10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,200 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £200 p.w. The business also has Paypoint and we understand this provides a further commission of approximately £85 p.w. We are further advised that the sales year ending 30th April, 2011 showed £384,065 with a total gross profit of £81,626 (including lottery commission of £8,636 plus Paypoint commission of £4,534.

Uniform Business Rates: £1,095 p.a. (after small business relief)

OUTSTANDING OPPORTUNITY TO ACQUIRE A VALUABLE FREEHOLD PROPERTY WITH SELF SERVICE CONVENIENCE STORE IN THIS EXCELLENT TRADING POSITION.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £430,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Location Details:
Spacious end terrace property, excellent trading position, CAMBRIDGESHIRE
Trading Hours:
Monday - Saturday inclusive - 6 a.m. - 9.30 p.m.
Sunday opening - 7 a.m. - 9.30 p.m.
Accommodation:
The accommodation comprises 2 FLATS over which are at present let on shorthold tenancies, however, we understand that vacant possession could be given on completion. We further understand that the flats could be combined to provide spacious private living accommodation.

Flat No. 1. with Night Storage Heaters comprises:
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units

As stated at present let on a shorthold tenancy and understand provides a rental income of £5,200 p.a.

Flat No. 2. comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units

As stated this flat is also let on a shorthold tenancy and we understand provides an additional rental income currently of £5,200 p.a.

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