Convenience Stores for sale in Hampshire

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Y. MacGregor (Nov 2017)
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Leasehold Price: £130,000 Weekly Turnover: £8,000
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Business Description
The business has been in the same hands for the past 29 years and there are genuine reasons for sale.

Forecourt with parking for 2 cars

SPACIOUS SALES SHOP in the region of 800/1,000 sq. ft. sales area with tiled floor, fluorescent lighting. 2 air conditioning/heating units. The equipment includes counter, 2 electronic cash register, cigarette gantry (on loan), shelving, 1 sliding double door glass fronted display fridge (used for wines), 1 3-door sliding glass fronted fridge (used for beers), 2 greeting card display stands with drawers, 1-2.5m open cool display unit, 1 upright single door glass fronted fridge (used for soft drinks), 1 double door glass fronted display fridge (also used for soft drinks), 1 glass topped ice cream deep freezer, 2 large glass topped display deep freezers, 2 display gondolas etc.

Stockroom at rear
Staff w.c. plus store shed

Busy road, densely populated residential & commercial area, HAMPSHIRE

• ACCOMMODATION INCLUDED

The accommodation with FULL GAS FIRED CENTRAL HEATING, front windows DOUBLE GLAZED situated on the first floor comprises:

2 Double Bedrooms
Bathroom with bath, shower over bath, w.c. & wash hand basin
Lounge
Kitchen with fitted units

In addition there is a SELF CONTAINED FLAT currently let on a shorthold tenancy & providing a rental income of £400 per month. The SELF CONTAINED FLAT comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchenette

Turnover : £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £800 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this currently provides a commission of approximately £150 p.w. The business also has Paypoint plus Hermes Parcel Service which we understand provides a commission of approximately £30 p.w. We are further advised that the sales year ending 30th September, 2016 showed sales of £357,050 with a gross profit of £79,607.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Lease : £130,000 (G8063)

www.NationwideBusinesses.co.uk

Trading Hours:
Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening - 6 a.m. - 5 p.m.

Number of Employees:
The business is at present operated by a husband & wife team with the assistance of 2 part time staff. 1 newsround. Delivery charge £3/£4 p.w.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:
The accommodation with FULL GAS FIRED CENTRAL HEATING, front windows DOUBLE GLAZED situated on the first floor comprises:

2 Double Bedrooms
Bathroom with bath, shower over bath, w.c. & wash hand basin
Lounge
Kitchen with fitted units

In addition there is a SELF CONTAINED FLAT currently let on a shorthold tenancy & providing a rental income of £400 per month. The SELF CONTAINED FLAT comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
KitchenetteLarge enclosed garden

Location Details:
Busy road, densely populated residential & commercial area, HAMPSHIRE

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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G8063
Seller Reference:
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