FREEHOLD GENERAL STORES, COUNTER NEWS (not direct supplies), CONFECTIONERY,
Price:
Freehold - £197,500
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : DOUBLE FRONTED SALES SHOP occupying a corner position. Compact sales area providing sales area of approximately 250 sq. ft. Modern shelving, cool display serveover counter, electric cash register, 3 single door glass fronted display deep freezes, glass topped chest deep freeze.
In our opinion there is potential to extend the sales shop into the living room at rear, however, it should be noted that this would entail having to relocate the stairs to the first floor accommodation.
WE ARE INFORMED the turnover currently averages in excess of £6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 20% approx. In addition the business has Paypoint and we understand this provides a commission of approximately £30 p.w.
Uniform Business Rates: £1,200 p.a. approx (after small business relief)
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 5 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £197,500 plus STOCK AT VALUATION (£8,000/£10,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
End of terrace, residential area, LINCOLNSHIRE
Monday - Saturday inclusive - 8 a.m. - 10 p.m.
Sunday opening - 9 a.m. - 10 p.m.
The accommodation all generally in GOOD CONDITION and with DOUBLE GLAZING comprises:
Ground Floor
Large Living Room with laminated strip floor
Fitted Kitchen
First Floor
Large Lounge
Double Bedroom with fully fitted wardrobe
Large bathroom with bath, shower over bath, w.c. and wash hand basin
Second Floor
2 Additional Double Bedrooms
Small yard with brickbuilt store
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