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Convenience Store in Middlesex For Sale

Convenience Store in Middlesex For Sale
Convenience Store in Middlesex For Sale Buy a Convenience Store in Middlesex For Sale Sell a Convenience Store in Middlesex For Sale Convenience Store in Middlesex For Sale for Sale Convenience Store in Middlesex For Sale for Sale Convenience Store in Middlesex For Sale for Sale

Register to see map and to make an appointment Situated in a parade, residential area, MIDDLESEX

Turnover 10,000
Price 180,000

Features

Superbly Fitted Self Service Convenience Store, News, Confectionery, Tobacco, Full Free off Licence

Service road in front of parade. NO PARKING RESTRICTIONS PROVIDING CUSTOMERS' PARKING FOR THE PARADE

Electric shutters with automatic door to SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 800 sq. ft. sales area with non-slip floor, suspended ceiling with LED lighting. Magazine display shelving, modern adjustable shelving, centre display gondola, counter, computerised touch screen till with scanning, 1-3.75m open cool display unit, 2-2.25m open cool display units, 1 3-door upright display deep freezer. CCTV system with 12 cameras, monitor plus recording.

2 Small stockrooms
Staff w.c.

We are informed that planning permission has been granted for a new stockroom at rear

Turnover

WE ARE INFORMED the turnover currently averages 10,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Wholesale newsbill 1,600 p.w. We are further advised that the gross profit is in the region of 25%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 130 p.w. The business also has Paypoint, Parcel Collection Agency & ATM machine which we understand provides an overall additional commission of approximately 60 p.w.

Staff

At present operated by the vendor on a part time basis with the assistance of 4 full time staff. 10 morning newsround. Delivery charge 2.50 p.w.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

7 a.m. - 10 p.m. seven days per week

Outside

Service access at rear for deliveries

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 12 years full repairing and insuring lease at a rental of 18,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable at present after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 180,000 plus STOCK AT VALUATION (40,000/45,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 90,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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