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SPACIOUS SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, FULL

Price:
Leasehold - £135,000
Turnover:
Register to view
Seller Ref:
G6110
Location:

Middlesex

Business Type:

Retail businesses

See Other:
Supermarkets for sale in Middlesex
Confectioners for sale in Middlesex
General stores for sale in Middlesex
Convenience stores for sale in Middlesex
Off licences for sale in Middlesex
Retail businesses for sale in Middlesex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP with double doors, probably in the region of 1,800 sq. ft. sales area, fluorescent lighting, tiled floor. The equipment includes magazine display shelving, 3.75m open cool display unit (used for soft drinks, milk, sandwiches etc), 1 large glass sliding topped chest deep freeze, greeting card display stand, 4 display gondolas, 2 upright double door glass fronted display fridges (used for wines and beers), 3-tier ice cream deep freeze, small glass fronted fridge (on loan from Red Bull), modern shelving, cigarette gantry (on loan), counter, 2 electronic cash registers. CCTV system.

Stockroom
2 staff w.c's
Kitchen

WE ARE INFORMED the turnover averages £14,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £950/£1,000 p.w. Gross profit 24% approx. The business has an external ATM machine and we are advised this provides an income in the region of £150 per month.

We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £30,500 p.a. exclusive of rates. (We understand that no increase was requested at the last rent review). We are further advised that the rent reviews are every 4 years.

Uniform Business Rates: £14,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, main road trading position, densely populated residential area, MIDDLESEX
Trading Hours:
6 a.m. - 12 midnight seven days per week
Accommodation:
2 parking spaces at rear of shop
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