Asian Supermarket and Warehouse in Buckinghamshire For Sale

Industeral unit, office and commercial area, Buckinghamshire.

Turnover £ 5,000
Price £200,000 / £600,000

Features

Asian Supermarket with Warehouse

ELECTRIC SHUTTERS enterence to premise in the region of 2,685 ft², Loading Bay, concrete floors, ceiling with LED lighting, sales counter, cash register, modern adjustable shelving, 11 freezers, 5 fridges, CCTV system (15 cameras, 1 monitor).

Stock room.

3 Office.

2 Staff Toilet with w.c. and wash hand basin..

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 30% approx.

Staff

The business is at present operated by the 2 partners with 2 full time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 10am - 6pm
SUNDAY 11am - 4pm

Outside

Parking space for 2/3 car.

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £33,600 p.a. for the first 4 years.

Business Rates from April 2024 £1,770 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION (£50,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

OR TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £600,000 plus STOCK AT VALUATION (£50,000 APPROX.)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 100,000 (lease) £ 420,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote