VILLAGE SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, FULL FREE OFF LICENCE
Price:
Leasehold - £85,000
Freehold - £330,000
Location:
Wales, South Wales
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Single fronted with electric shutters, medium sized premises, 1,000 sq. ft. approx. lino floor, suspended ceiling with fluorescent lighting.
Fully equipped including: sales counter, electronic cash register, modern adjustable shelving, open cool display unit, ice cream freezer, 2 chest freezers, upright double-door drinks fridges, single door Coke fridge,, greeting card display stand, etc.
* CCTV system including 10 cameras, 1 monitor and hard drive recorder.
* 2 Large stockrooms at rear.
* Staff cloakroom with w.c. and wash hand basin.
WE ARE INFORMED the turnover averages £9,000 p.w. Gross profit 20 % approx.
* PayPoint sales provides an additional income of £50 p.w. approx.
* Wholesale newsbill £350 p.w.
* A.T.M. provides an additional income of £100 p.w. approx.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £17,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £470 p.a. approx. plus water rates (metered).
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, & FIXTURES & FITTINGS £330,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Situated in a Parade, main road trading position, residential area, South Wales.
Entrance via the shop to House with Gas Fired Central Heating, Double-glazed windows
5 Bedrooms (4 double, 1 Single).
Lounge.
Fitted Kitchen/Dining Room.
Bathroom with bath, w.c. and wash hand basin.
Rear yard
Double garage
UK Non-Specific
£ 800,000
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