Petrol Station for sale in Warwickshire
Occupying a corner position, situated within a large residential area, Warwickshire
Freehold well Established Petrol Filling Station Plus Retail Shop (selling News, Confectionery, Tobacco, Motor Oil Plus Motor Spares)
Frontage of approximately 50' with retail frontage of in the region of 60'.
The forecourt has a canopy. 2 4-pump units plus 1 single pump. Air machine (on lease to be taken over)
5 underground storage tanks:
(1) 4,500 litres for diesel
(2) 7,500 litres for unleaded
(3) 8,000 litres also unleaded
(4) 8,000 litres for diesel
(5) 16,000 lites for diesel
Access from the forecourt to RETAIL SALES SHOP with tiled floor, LED lighting. The equipment includes counter with EPOS scanning system with site controller (newly installed in December, 2016), 3-door glass fronted display fridge (on loan from Coca Cola), 1 single door glass fronted display fridge (on loan from Lucozade), ice cream deep freezer (owned), centre display gondola, cigarette gantry (on loan), modern shelving, peg boarding, centre display gondola, microwave oven, hot drinks dispenser. CCTV system with 8 cameras, monitor plus recording.
2 rooms to rear of shop. In our opinion there is terrific potential to extend the shop into these 2 rooms at rear to provide additional sales area.
Staff cloakroom with w.c. & wash hand basin
ADJOINING THE RETAIL SHOP is a GARAGE & AREA at present let on a weekly basis for car washing & we understand the present owner receives a rental of £140 p.w. This arragement could continue or indeed be terminated, if desired.
WE ARE INFORMED the turnover inclusive of petrol & diesel sales is in the region of £12,000 p.w. (including approximately 7,500 litres p.w. in respect of the sale of petrol & diesel. As will be appreciated the overall sale of petrol & diesel is in the region of 390,000 litres p.a. In our opinion offering terrific potential for further development, especially with additional opening hours). Wholesale newsbill £150 p.w. (not direct supplies). 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 £60/£70 p.w. In our opinion the retail sales offers terrific potential for development, especially with the shop being extended into the 2 rooms at rear & the business being converted more into a convenience store type operation with the introduction of the sale of wines, beers & spirits, subject to obviously to obtaining the necessary Premises & Personal Licence.
The accommodation in the form of a SELF CONTAINED FLAT over the retail shop is at present let on a shorthold tenancy & provides a rental income of £440 per month, however we understand that vacant possession can be given on completion, if required. The SELF CONTAINED FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Kitchen with fitted units
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £325,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
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