SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL
Price:
Leasehold - £70,000
Location:
Gloucestershire
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : NO PARKING PROBLEMS
Electric shutters to SINGLE FRONTED SALES SHOP in the region of 350 sq. ft. sales area with woodstrip floor and well equipped including counter, 1 till with scanning system, 2 open cool display units, 1 upright glass fronted deep freeze, 1 glass fronted chest deep freeze, modern adjustable shelving etc.
Kitchen area with shelving
Staff w.c.
Shower room
Small additional stockroom (no shelving)
WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £550/£600 p.w. Gross profit we understand to be in the region of 25% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a further revenue of approximaterly £100 p.w. In addition the business also has Paypoint which we understand provides a further commission of approximately £15 p.w.
We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of £14,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£14,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated end of terrace, residential area, sought after COTSWOLDS TOWN
Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening 8 a.m. - 8 p.m.
North Yorkshire
£ 750,000
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