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Reference G7627

Convenience Store for sale in Llandudno


Location

Situated in a parade, residential estate, NORTH WALES

Features

Well Fitted Old Established Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

SPACIOUS SALES SHOP in the region of 900 sq. ft. sales area with tiled floor, suspended ceiling, fluorescent lighting. Air conditioning. Well equipped including counter, 2 tills with scanning system (maintenance contracts), ice cream deep freezer, upright double door glass fronted display deep freezer, large open cool display unit (used for milk, dairy produce, sandwiches, soft drinks), 2 double door glass fronted display fridges (both owned, 1 used for wines whilst the other is used for beers), double door glass fronted display fridge (on loan from Coca Cola), single door glass fronted display fridge (owned), shelving etc.

Stockroom with fridge

Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 10,000/11,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 600 p.w. We are further advised that the gross profit is in the region of 18%. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 100 p.w. The business also has Paypoint. In addition there is an internal ATM machine which we understand provides a further income of approximately 350 per quarter.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 89,500 plus STOCK AT VALUATION (18,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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