CONVENIENCE STORE. NEWSAGENTS. SANDWICHES - KIDDERMINSTER

Price:

Leasehold - £65,000

Turnover:

Seller Ref:

CT26983K

Location:

Worcestershire

Business Type:

Food Service Businesses, Retail businesses

See Other:

Sandwich shops for sale in Worcestershire
Off licences for sale in Worcestershire
Newsagents for sale in Worcestershire
Convenience stores for sale in Worcestershire
Food service businesses for sale in Worcestershire
Retail businesses for sale in Worcestershire

Description:

THE BUSINESS:

Established Convenience Store. Newsagents. Sandwiches on a Busy Main Road
Taking £5.500 per week
Relatively High Gross Profits
Low Operating Costs
Leasehold Price £65.000　

Description and Trade:
A well-established Business situated on a busy main road with lots of passing trade. The Business sells General Groceries. Beers. Wines & Spirits. Newspapers & Magazines. Greeting Cards. and a high proportion of hot & cold Sandwiches. Savouries. Cakes and other related lines.

Premises:
Retail Shop (around 330 sq.ft.) with suspended ceiling. The shop is well fitted with shelving. dairy deck. chest freezers and other ancillary equipment for the trade.
Preparation Area with fitted cupboards. fridge & freezer equipment. microwave oven and gravity feed slicer.
Kitchen with stainless steel surfaces. electric cooker and stainless steel sink.
Post Office (the Post office area is sublet and providing rental income of £2.250 per annum)
The Premises are protected with a burglar alarm system.

Accommodation:
There is no living accommodation.Comments:This is a very attractive unopposed Business with low operating costs.
Gross profits are high due to the mix of items sold; in particular. the sale of sandwiches and takeaway food items account for around 20% of sales.

Our Client Informs Us That:

Takings and Profitability:
The Business is presently taking £5.500 per week.
Trading accounts for year ended March 2011 show Sales £242.374 and Gross Profits £62.257 (25.6%).

Trading Hours:
6.30am 8.00pm Monday to Saturday
6.30am 12.00midday Sunday

Staff:
The Business is operated by the owner with the help of one full-time and four part-time assistants.

Tenure:
Leasehold. The Premises are held on a 5-year lease from 2009. Present gross rent payable is £7.500 per annum. with £2.250 being recovered from the Post Office.
Therefore nett rent payable is very low at £5.250 per annum.

Price:
£65.000 plus stock at valuation for the Lease. Business. Fixtures and fittings.

Accommodation: