Search more Convenience Stores for sale in South Wales
Reference G7922

Convenience Store for sale in South Wales

Location

Situated in a terrace, residential area approximately 20 miles from GWENT, SOUTH WALES

Features

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

The business has been in the same hands for the past 28 years & is now offered for sale due to the vendors retirement.

SINGLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, ice cream deep freezer, glass topped chest display deep freezer, 1-2.75m open cool display unit (used for soft drinks plus dairy produce), 1 single door glass fronted display fridge (used for wines), 1 double door glass fronted display fridge (used for beers & cider), shelving etc.

Small stockroom plus small kitchen area

Turnover

WE ARE INFORMED the turnover averages 9,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 950 p.w. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 140 p.w. The business also has Paypoint. In addition there is an internal ATM machine which we understand provides a further revenue of approximately 350 per month.

Accommodation

Internal access to the first floor accommodation DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Small kitchen area (needs fitting)

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 70,000 plus STOCK AT VALUATION (10,000/15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 275,000 plus STOCK AT VALUATION (10,000/15,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

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