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Reference C8803

Off Licence and Convenience Store in New Milton For Sale

Register to see map and to make an appointment Situated in a parade, residential area, HAMPSHIRE NEW MILTON

Turnover 6,500
Price 50,000

Features

Full Free off Licence, Confectionery, Tobacco Slight Convenience Groceries

DOUBLE FRONTED MEDIUM SIZED SALES SHOP with wood strip floor, counter, touch screen till, modern shelving, 5m open cool display unit, 1 double door plus 1 single door glass fronted display fridges (both on loan) etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 6,500 p.w. in our opinion offering further potential to increase in the right hands. We are advised the gross profit is in the region of 24%. The business has Paypoint.

Staff

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

Trading Hours

Monday - Saturday inclusive - 10 a.m. - 10.30 p.m.
Sundat opening - 11 a.m. - 10.30 p.m.

Outside

Service area at rear of parade with shared parking

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of 8,244 p.a. exclusive of rates for the next 3 years with rent to be agreed thereafter.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 50,000 plus STOCK AT VALUATION (20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 25,000 (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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