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Reference G7467

General Store and Off Licence in Derby For Sale

Register to see map and to make an appointment Situated in a parade, residential area, DERBY DERBY

Turnover 5,000
Price 29,995

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence, On Line National Lottery

SINGLE FRONTED MEDIUM SIZED SALES SHOP we understand recently refitted. Woodstrip flooring, fluorescent lighting. The equipment includes counter, till with EPOS scanning system, 1 glass topped deep freezer, 1-3.75m open cool display unit, modern shelving, centre display gondola etc.

Stockroom

Turnover

WE ARE INFORMED the turnover averages 5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 200 p.w. We are further advised that the gross profit is in the region of 22%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 50 p.w. The business also has Paypoint.

Staff

The business is at present operated by the vendor's wife with the assistance of 2 part time staff.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 9 p.m.
Saturday & Sunday opening - 8 a.m. - 9 p.m.

Accommodation

The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin (modern suite)
Large Lounge
Newly fitted kitchen

Outside

Yard at rear

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 20 years full repairing and insuring lease at a rental of 12,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Alternatively should the accommodation not be required, the vendor is prepared to grant, subject to satisfactory references a new 20 years full repairing and insuring lease in respect of the shop only at a rental of 9,600 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 29,995 plus STOCK AT VALUATION (10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 14,998 (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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