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Convenience Store in Somerset For Sale

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

Register to see map and to make an appointment Situated in a parade, residential area BRISTOL. The business is situated in a large residential expanding area with additional houses & flats being built

Turnover 14,000
Price 175,000

Features

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

We understand the shop was newly fitted in May, 2017

SPACIOUS SALES SHOP probably in the region of 1,800 sq. ft. sales area with non-slip floor, suspended ceiling with LED concealed lighting. The equipment includes counter with touch screen with scanning, 3 display gondolas, 5m open cool display unit (2 units combined used for soft drinks, fruit & green grocery), 1-2.5m open cool display unit (used for milk, cheese, bacon etc), 1-3.75m open cool display unit (used for beers & wine), 1 double door glass fronted display deep freezer, 1 single door glass fronted display deep freezer, modern adjustable shelving etc.

Stockroom
Kitchen
Office
Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the business opened in May, 2017 & we are advised that the turnover is currently in the region of 14,000 p.w. in our opinion offering tremendous potential for further increase. Wholesale newsbill 300 p.w. We understand that Paypoint is shortly to be introduced.

Staff

The business is at present operated by 1 of the owners at any one time with the assistance of 3 full time & 2 part time staff.
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

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having 25 years unexpired from May, 2017 at a current rental of 14,500 p.a. exclusive of rates up to May, 2022 with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 6,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWIL, FIXTURES & FITTINGS 175,000 plus STOCK AT VALUATION (40,000/50,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 87,500 (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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