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General Store and Off Licence in South Wales For Sale

General Store and Off Licence in South Wales For Sale
General Store and Off Licence in South Wales For Sale Buy a General Store and Off Licence in South Wales For Sale Sell a General Store and Off Licence in South Wales For Sale

Register to see map and to make an appointment Situated in a terrace, residential area, GWENT, SOUTH WALES

Turnover 6,200
Price 210,000

Features

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

DOUBLE FRONTED MEDIUM SIZED SALES SHOP probably in the region of 500 sq. ft. sales area with tiled floor, fluorescent lighting. Counter, electronic cash register, 2 glass topped chest display deep freezers, 1 open cool display unit, 2 double door glass fronted display fridges, modern shelving, 2 display gondolas etc.

Staff cloakroom

Turnover

WE ARE INFORMED the turnover averages 6,200 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 150 p.w. We are further advised that the gross profit is in the region of 20%.

Staff

The business is at present operated by a husband & wife team & no staff are employed.

Trading Hours

8 a.m. - 10 p.m. seven days per week

Accommodation

The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Kitchen

Tenure

The vendor owns the freehold and is prepared to grant a new long leasehold for a period of 999 years at a ground rent of only 100 p.a. fixed for the entire period.

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

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 210,000 plus STOCK AT VALUATION (12,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 147,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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