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Convenience Store, Newsagent and Off Licence in Wiltshire For Sale

Convenience Store, Newsagent and Off Licence in Wiltshire For Sale
Convenience Store, Newsagent and Off Licence in Wiltshire For Sale Buy a Convenience Store, Newsagent and Off Licence in Wiltshire For Sale Sell a Convenience Store, Newsagent and Off Licence in Wiltshire For Sale Convenience Store, Newsagent and Off Licence in Wiltshire For Sale for Sale Convenience Store, Newsagent and Off Licence in Wiltshire For Sale for Sale Convenience Store, Newsagent and Off Licence in Wiltshire For Sale for Sale

Register to see map and to make an appointment Situated in a small parade, residential estate, WILTSHIRE.

Turnover 4,500
Price 45,000

Features

Profitable Self Service Stores, Counter News, Confectionery, Tobacco, Full Free off Licence, On Line National Lottery

Forecourt with parking for 4/5 cars to

Spacious single fronted Sales Shop approx. 900 sq. ft. sales area with tiled floor. Partly refitted approx. 2 years ago. Modern adjustable shelving, centre display gondola, 2 ice cream deep freezes (owned), 3 glass topped chest deep freezes, 2 upright double door drinks display fridges (1 for beers, 1 for soft drinks). CCTV system including monitor, cameras plus video etc.

Stockroom with racking
Staff cloakroom with w.c. and wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 4,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 650 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand that this provides an additional income of approx. 85 p.w.

Staff

The Business is at present operated by the vendor and his wife on a part time basis plus 3 part time staff.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 7 p.m. (remaining open until 7.30 p.m. on Wednesday & Saturday for the sale of on line national lottery tickets)
Sunday opening 7 a.m. - 2 p.m.

Accommodation

The accommodation in the form of SELF CONTAINED FLAT over with 3 night storage heaters, comprises:

2 bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large lounge
Kitchen with fitted units

Outside

Yard at rear with storeshed.
Parking space

Tenure

We understand the premises are held on a secure renewable lease from a private landlord having approx. 1 years unexpired at a rental of 7,900 p.a. exclusive of rates. We are further advised that the landlord, subject to satisfactory references, is prepared to grant a new 10/15 years lease at an initial rental of approx. 9,000 with rent revisions.

Uniform Business Rates: 2,200 p.a. approx. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 45,000 plus STOCK AT VALUATION (15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 22,500 (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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