SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL
Price:
Leasehold - £47,500
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 800 sq. ft. sales area with tiled floor, suspended ceiling with fluorescent lighting and fully equipped including modern adjustable shelving, counter, electronic cash register, 1 open cool display unit (used for beers and wines), glass topped chest deep freeze, ice cream deep freeze etc.
Small stockroom
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £280 p.w. Gross profit we are advised in the region of 24% approx. In addition the business has Oyster and we understand this provides a further revenue of approximately £70 p.w. In addition there is Paypoint which we understand provides a further commission of approximately £20 p.w. We are further advised that the business has recently introduced the Health Lottery Sales. In addition there is an internal ATM machine and we understand this provides a commission of approximately £35 p.w. The business also has Western Union and we understand this provides a further revenue in the region of approximately £100 per week.
We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a current rental of £12,500 p.a. exclusive of rates up to January, 2015, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,800 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £47,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, residential area, MIDDLESEX
7 a.m. - 9 p.m. seven days per week
(We understand from the vendor the Off Licence can be open u
North Yorkshire
£ 750,000
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