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Reference G7990

Convenience Store in Oxfordshire For Sale

Register to see map and to make an appointment Situated in a parade, busy road, OXFORDSHIRE

Turnover 9,000
Price 145,000

Features

Well Fitted Self Service Convenience Store, Full Free off Licence

FREE PARKING AT REAR OF SHOP

SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 700 sq. ft. sales area with non-slip floor, suspended ceiling with concealed lighting. Well equipped including counter, electric cash register, open cool display unit, modern adjustable shelving, 2-3.75m open cool display units, 1 upright display deep freezer, 1 chest deep freezer, display gondolas. CCTV system with 16 cameras, monitor plus recording etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 28%. The business also sells E-cigarettes plus cigarette/tobacco accessories & we understand this provides a further turnover of approximately 600 p.w. We are further advised that the gross profit is in the region of 50%. In our opinion there is potential to introduce the sale of cups of coffee plus hot foods (sausage rolls, pasties etc), if desired as the business is in close proximity of nightclubs & pubs.

Staff

At present operated by the vendor on a part time basis with the assistance of 2 part time staff.

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 11 p.m.
Sunday opening - 9 a.m. - 10.30 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of 10,000 p.a. exclusive of rates for the next 3 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 1,260 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 145,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 72,500 (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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