Convenience Store in Dorset For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, DORSET

Turnover £ 10,500
Price £165,000

Features

Convenience Store with off Licence

ESTABLISTED 1983
Ample customers' car parking in service road in front of shop for 30 minutes.

DOUBLE FRONTED PREMISES in the region of 1,825 ft² with ELECTRIC SHUTTERS. Industrial non-slip floor, suspended ceiling with LED lighting. Sales counter, 2 EPOS tills, cigarette drawer, 5m open cool display unit, 2-3.75m open cool display units, Costa Coffee Machine, Walls ice cream freezer, 3 door freezer, modern adjustable shelving. CCTV system (16 cameras, 1 monitor), Amazon Locker etc.

Large stockroom plus strong room

2 Toilets with w.c. and wash hand basin.

Kitchen

Office

Turnover

WE ARE INFORMED by the owner the turnover currently averages £10,000 - £11,000 p.w. with a gross profit of 30% approx. Wholesale newsbill £300 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £85 per week approx.
PAY POINT £10 per week approx.
AMAZON LOCKER £1,400 per annum approx.
INPOST LOCKER £1,400 per annum approx.
UPS / DHL Pastel service £100 per month approx.

Staff

The business is at present operated by the vendor with family support

Trading Hours

7 Day week
MONDAY - THURSDAY 6.30 a.m - 10 p.m
FRIDAY 6.30 a.m - 11 p.m
SATURDAY 7.30 a.m - 11 p.m
SUNDAY 8 a.m - 10 p.m

Outside

Rear Access

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 20 years full repairing and insuring lease with rent reviews every 4 years at a rent of £27,500 p.a.

Business Rates from April 2024 £1,700 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWAL LEASE GOODWILL, FIXTURES & FITTINGS £165,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 82,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote