Nationwide brings to the market this SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY. Sought after rural area, MID GLAMORGAN, SOUTH WALES.
We understand the business has been in the same hands only for a short while & is now solely offered for sale due to the vendors other business interests. Previously up to approximately 1 year ago we understand the business was owned by The Co-op for approximately 32 years.
NO PARKING PROBLEMS
SPACIOUS SALES SHOP probably in the region of 2,000 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. 2 air conditioning/heating units & fully equipped including modern adjustable shelving, counter, 1 till with scanning system, 2 glass topped chest deep freezers, 3 open cool display units in total 12m & utilized for soft drinks & dairy produce, 1-5m open cool display unit (comprising 2 units combined & used for wines & beers).
Stockroom with shelving
Staff w.c. & wash hand basinTurnover :
£8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands & especially with the additional stock being introduced. Wholesale newsbill £300 p.w. Gross profit 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £60 p.w.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£10,000/£12,000 approx)
SUBSTANTIAL LOAN 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 : £60,000 (G7477)
Is accommodation included?:
The accommodation comprises:
Bathroom with bath, w.c. & wash hand basin
1 Double Bedroom
KitchenParking at rear for 2 cars