VERY HIGH TURNOVER CONVENIENCE STORE IN NORTH EAST REGION

SHOP LOCATED ON VERY LARGE HOUSING ESTATE WITH APPROX 4000 HOUSES

NO OTHER COMPETITION NEAR BY

ABSOLUTE MONOPOLY LOCATION

VERY RARE OPPORTUNITY

TURNOVER £38,000 PER WEEK ( EXCLUDING LOTTERY AND PAYPOINT SALES)

22% GROSS PROFIT MARGIN

TOBACO SALES £7000 PER WEEK

NEWSBILL £1800 PER WEEK

BUSINESS IS OPERATED TOTALLY UNER MANAGEMENT

LATEST 2021 ACCOUNTS SHOW NET PROFIT OF £135,000 AFTER TAX

PLEASE NOTE THAT THIS IS A HIGHLY CONFIDENTIAL SALE AND LOCATION DETAILS WILL NOT BE RELEASED UNTIL PROOF OF FUNDS IS PROVIDED AND A NON DISCLOSURE CONFIDENTIAL AGREEMENT IS SIGNED. POTENTIAL BUYERS WILL ALSO NEED TO PROVIDE PHOTO ID IN ORDER TO GET DETAILS OF THIS BUSINESS.

GROUND FLOOR SHOP SIZE APPROX 3500 SQ FT AND STORE ROOM APPROX 500 SQ FT AND OFFICE 150 SQ FT AND STAFF TOILETS 50 SQ FT TOTAL GROUND FLOOR SIZE 4200 SQ FT

LARGE GROUND FLOOR SHOP

BUSINESS BEEN IN CURRENT OWNERSHIP FOR APPROX 27 YEARS, RETIREMENT SALE

OPENING HOURS MONDAY – SUNDAY 7.00AM – 10.00PM

STAFF – MANAGER + ASSISTANT MANAGER + 12 PART TIME

RENT £25,000 PA, 4 YEARS LEFT ON LEASE, NEW LONGER LEASE AVAILABLE WITH SEPERATE NEGOTIATIONS WITH LANDLORD

PLEASE NOTE THAT THIS IS A HIGHLY CONFIDENTIAL SALE AND LOCATION DETAILS WILL NOT BE RELEASED UNTIL PROOF OF FUNDS IS PROVIDED AND A NON DISCLOSURE CONFIDENTIAL AGREEMENT IS SIGNED. POTENTIAL BUYERS WILL ALSO NEED TO PROVIDE PHOTO ID IN ORDER TO GET DETAILS OF THIS BUSINESS.

EPC RATING D.

PLEASE NOTE THIS IS A HIGHLY CONFIDENTAIL SALE AND NO DIRECT APPROACH MUST BE MADE TO OWNERS OR STAFF, STAFF UNAWARE OF SALE.FOR FULL DETAILS AND VIEWIN G APPOINTMENT PLEASE CONTACT SOLE SELLING AGENTS NEY COMMERCIAL ON TEL – 01642 762710 – MOBILE – 07850069203 OR EMAIL admin@neycommercial.co.uk QUOTE REF NEY 15 www.neycommercial.co.uk

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VERY HIGH TURNOVER CONVENIENCE STORE IN NORTH REGION

NEY Commercial Chartered Surveyors
01642 762710

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