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Reference G7659

Convenience Store with Off Licence in Louth For Sale

Convenience Store with Off Licence in Louth For Sale
Buy a Convenience Store with Off Licence in Louth For Sale Sell a Convenience Store with Off Licence in Louth For Sale

Register to see map and to make an appointment Residential area, LINCOLNSHIRE LOUTH

Turnover 5,500
Price 25,000

Features

Semi-detached Self Service Stores, News, Confectionery, Tobacco, Full Free off Licence

We understand that planning permission has been granted for the sale of hot food takeaway, if desired.

SPACIOUS SINGLE FRONTED SALES SHOP with fluorescent lighting. The equipment includes open cool display unit, 2 double door glass fronted display fridges (owned), modern shelving, counter, electronic cash register.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 5,500 p.w. in our opinion offering further potential to increase in the right hands. Gross Profit Margin 21.5% Wholesale newsbill 400 p.w.

Staff

At present operated by 1 of the partners with the assistance of his wife & no staff are employed.

Trading Hours

Monday - Saturday inclusive - 7.30 a.m. - 8.30 p.m.
Sunday opening - 8.30 a,.m. - 7.30 p.m.

Accommodation

The accommodation situated on the first floor, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen with fitted units

Outside

Yard with double garage

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of 12,000 p.a. exclusive of rates up to 2019 with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 25,000 plus STOCK AT VALUATION (12,000/15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 12,500 (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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