Convenience Stores for sale in Hertfordshire

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Adam Warren (Jan 2017)
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Leasehold Price: £85,000 Price Reduced Weekly Turnover: £9,500
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Business Description
Ample parking in front of parade (Free during the day for up to 2 hours)

SPACIOUS SALES SHOP probably in the region of 900 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. Well equipped including modern adjustable shelving, upright double door display deep freeze, 1 large open cool display unit (used for soft drinks), 1 large additional cool display unit (used for wines and beers), counter, 2 tills with EPOS scanning etc.

2 Stockrooms
Staff cloakroom with w.c. and wash hand basin

Situated in a parade, busy road, sought after residential area, HERTFORDSHIRE

• ACCOMMODATION INCLUDED

The accommodation in the form of a SELF CONTAINED MAISONETTE over is at present utilised by the existing tenant, however if not required for personal use has potential to be let to provide a rental income of approximately £1,400 per month. The accommodation comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units

Turnover : WE ARE INFORMED the turnover currently averages in the region of £9,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £200 p.w. We are further advised that the gross profit is in the region of 22%. We understand that an on line national lottery terminal was installed in April, 2016 & the commission from the sale of on line national lottery tickets plus scratch cards at the present time is in the region of £25 p.w.

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£20,000 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 : £85,000 (G6867)

www.NationwideBusinesses.co.uk

Trading Hours:
Monday - Saturday inclusive - 7 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 10 p.m.

Number of Employees:
The business is at present mainly staff operated. Staff employed 5 part time staff. It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:
The accommodation in the form of a SELF CONTAINED MAISONETTE over is at present utilised by the existing tenant, however if not required for personal use has potential to be let to provide a rental income of approximately £1,400 per month. The accommodation comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted unitsYard at rear with parking space for 3 cars

Location Details:
Situated in a parade, busy road, sought after residential area, HERTFORDSHIRE

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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G6867
Seller Reference:
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