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Profitable SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOB
Price:
Leasehold - £99,999
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : No parking problems
Attractive small forecourt to SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,200 sq. ft. sales area, well equipped, fully air conditioned, suspended ceiling, ceramic tiled floor.
The equipment includes modern adjustable shelving, 2 centre display gondolas, 2 glass topped chest display deep freezes, 2 ice cream deep freezes, 2 double door glass fronted drinks display fridges (on loan from Pepsi Cola), 2 open cool display units (1 used for wines whilst the other is used for beers), 1-3.5m open cool display unit (used for milk and dairy produce), counter with combination Post Office Counter, EPOS scanning system with till, back office computer, in addition there is an electronic cash register. Post Office counter with anti-bandit screen (2 positions) plus parcel hatch.
Fully shelved stockroom, chest deep freeze
Kitchenette/staffroom
Office
Staff cloakroom with w.c. and wash hand basin
To the rear of the shop is the main stockroom approx. 14' 9 x 11' 9' with storage fridge and chest deep freeze. In addition to the rear of the premises are 2 brickbuilt storerooms (1) 18' x 10' approx. (2) 14' x 9' approx. (not utilized at present).
WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £650 p.w. Gross profit we are advised in excess of 22%. Post Office salary year ending April, 2011 in the region of £38,000 p.a. (including lottery commission). We are further advised that the sales year ending 31st August, 2009 showed £324,895 net of VAT with a gross profit of £109,346 including post office salary. We are further advised that the gross profit year ending 31st August, 2010 showed in the region of £118,000 including post office salary.
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 £18,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £3,160 p.a. approx.
EPC E (102)
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £99,999 plus STOCK AT VALUATION (£25,000/£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Occupying a corner position, excellent main road trading position, residential area, NORFOLK.
Monday - Friday inclusive - 6 a.m. - 8 p.m.
Saturday opening - 7 a.m. - 8 p.m.
Sunday opening
The SPACIOUS living accommodation in the form of a FLAT over, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, has laminated strip flooring and comprises:
2 bedrooms (1 double 14' 6' x 11' 9' approx. plus bay window area. Bedroom 2 - additional double 15' x 8' approx).
Spacious lounge 14' 9' x 16' 6' approx. with double aspect windows, attractive fireplace with gas fire
Large kitchen/dining room 11' 6' x 16' 6' approx. fully fitted with wall and base units plus plumbed for washing machine
Attractive medium sized garden comprising paved area plus lawn and with security fence
Car parking space for 1 car
It will be appreciated upon inspection that 1 of the brickbuilt stores at rear could be converted into a garage if desired.
North Yorkshire
£ 750,000
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