Superior SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBAC
Price:
Leasehold - £150,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : IMPRESSIVE & SPACIOUS DOUBLE FRONTED SALES SHOP approx. 17' frontage x 60' depth with ceramic tiled floor. Well equipped including centre display gondola, large open dairy display unit, ice cream deep freeze (owned), large sliding topped chest deep freeze, 4 upright double door drinks display fridges, counter, electronic cash register, cigarette gantry (on loan). Post Office counter with anti-bandit screen (2 positions) etc.
Staff cloakroom
WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £150 p.w. (direct supplies). Gross profit 18% approx. In addition the business has Oyster and we understand this provides a further income of approximately £288 p.w. Post Office salary £43,000 p.a. approx. In addition there is an ATM machine which we understand provides a further revenue of approximately £7,000 p.a.
The vendor owns the freehold and subject to satisfactory references is prepared to grant in respect of the shop with self contained flat over a new 16 years full repairing and insuring lease at a rental of £30,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. Alternatively should the self contained flat over not be required, the vendor, subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease in respect of the shop only at a rental of £20,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £4,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£25,000/£30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, residential area, MIDDLESEX
6 a.m. - 9 p.m. seven days per week
We understand the hours of opening in respect of the Post Off
North Yorkshire
£ 750,000
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