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Reference G7762

General Store, Off Licence and Newsagent in Coventry For Sale

Register to see map and to make an appointment Situated in a parade, residential area, WEST MIDLANDS COVENTRY

Turnover 5,000
Price 35,000

Features

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

SINGLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor. The equipment includes counter, till with scanning system, 1 deep freezer, 1 large open cool display unit, double door glass fronted fridge, modern shelving, centre display gondola etc.

Stockroom
Staff w.c. & wash hand basin

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 120 p.w. (not direct supplies).

Staff

At present operated by the owner on a part time basis with the assistance of her husband on a full time basis plus 1 part time staff. 1 small newsround. Delivery charge 1.50 p.w.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 11 p.m.
Sunday opening - 8 a.m. - 10 p.m.

Tenure

We understand the premises are held ona secure renewable lease, the present lease having approximately 7 years unexpired at a rental of 7,200 p.a. exclusve of rates for the next 2 years with rent to be agreed thereafter.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTUERS & FITTINGS 35,000 plus STOCK AT VALUATION (10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 17,500 (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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