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Reference G9237
Turnover £ 5,000
Price
£125,000
Convenience Store with Confectionary, Vapes and House Hold Goods
HUGE POTENTIAL TO INTODUCE AN OFF LICENCE, LOTTERY AND OYSTER.
SINGLE FRONTED PREMISES, in the region of 225 ft², WITH ELECTRIC SHUTTERS, CCTV (8 cameras), laminated floor, plasterboard ceiling with LED lighting.
Electric cash register, ice cream freezer, 2 double door fridges, single door fridge, etc
Stairs to BASEMENT PREMISES in the region of 200 ft², used for storage.
Staff cloakroom with toilet and wash hand basin.
WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 100% approx.
The business is at present operated by the vendor's relative with 2 full time staff employed.
7 Day week
24 / 7
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £16,000 p.a.
Business Rates from April 2026 £8,500 approx. (Please contact local authority to confirm)
The Purchaser is to be responsible for the Landlord's costs.
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Subject to status, you maybe able to borrow up to £ 62,500 (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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