Convenience Store in Stockton-on-Tees, Cleveland

Nationwide brings to the market this SELF SERVICE CONVENIENCE STORE, COUNTER NEWS (not direct supplies), CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY. Situated in a terrace, residetial area CLEVELAND.

DOUBLE FRONTED SALES SHOP in the region of 400 sq. ft. sales area with laminated strip floor. Well equipped including modern shelving, 2-2.75m open cool display units, 1 upright single door glass fronted display deep freezer, small chest deep freezer, counter, electronic cash register with scanning, CCTV system with 12 cameras, monitor plus recording.

Large stockroom

Turnover : WE ARE INFORMED the turnover is currently in the region of £4,500/£5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £100 p.w. (not direct supplies). Gross profit 20% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £90 p.w. The business has PayPoint sales £5,000 p.w.

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION (£10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £225,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (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)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £25,000 Freehold : £225,000 (G8221)

www.NationwideBusinesses.co.uk