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Reference G7469

Supermarket and Coffee Shop in Harpenden For Sale

Supermarket and Coffee Shop in Harpenden For Sale
Buy a Supermarket and Coffee Shop in Harpenden For Sale Sell a Supermarket and Coffee Shop in Harpenden For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, HERTFORDSHIRE HARPENDEN

Turnover 7,000
Price 115,000

Features

Well Equipped Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus Takeaway Coffee Shop Area

The business is situated close to a park & there is a free public car park nearby

SPACIOUS SINGLE FRONTED SALES SHOP in the region of 1,000 sq. ft. sales area. Vinyl non-slip floor, suspended ceiling with concealed LED lighting. The shop was all recently newly fitted at considerable expense. Counter, 1 electronic cash register, 2 glass topped chest deep freezers, 1-3.75m Arneg open cool display unit (used for milk & dairy produce), 1-3.75m Arneg cool display unit (used for soft drinks), 1-3.75m Arneg cool display unit (used for wines & beers), modern adjustable shelving, centre display units.

COFFEE SHOP AREA counter, electronic cash register, coffee grinder, coffee machine, panini machine, electric oven

Turnover

WE ARE INFORMED the turnover averages 7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 30%.

Staff

The business is at present operated by 1 partner with the assistance of 2 part time staff.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 9 a.m. - 4 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over with ELECTRIC HEATING & PART DOUBLE GLAZING, is at present let on a shorthold tenancy & provides a rental income of 800 per month, however, we understand that vacant possession can be given on completion, if required. The FLAT comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen with fitted units

Outside

Parking in front for 2 cars plus parking at rear for 2 cars

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of 23,000 p.a. exclusive of rates for the next 3 years with rent to be agreed thereafter.
(As will be appreciated with the current rental from the flat over of 9,600 p.a. the net rental payable at the present time is only 13,400 p.a. exclusive of rates).

Uniform Business Rates: 6,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 115,000 plus STOCK AT VALUATION (30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 57,500 (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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