Convenience Store plus Butchers & Grocery in Watford For Sale

Excellent main road trading position, HERTFORDSHIRE WATFORD

Turnover £ 9,500
Price £80,000

Features

High Quality Convenience Store with Grocery & Butchers (specialising In Fresh and Frozen Meat, High Variety of Frozen Fish, Fresh Fruit and Vegetables)

FORECOURT FOR DISPLAYING FRUIT AND VEG

SINGLE FRONTED PREMISES in the region of 1,240 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with panel lights. Smart digital sales counter, EPOS till, scales, modern adjustable shelving, 5-2.5m glassed topped freezers, 2m open cool display unit, butchers display fridge, lamb cool display unit. CCTV system (9 cameras, 1 monitor). Also 4 TV display on top of butchers section. Wall for advertisement and price display.

Outside toilet with w.c. and wash hand basin.

Basement in the region of 425 ft², 2 large cold rooms, storage shelves with ample space for more storage

2 walk-in coldrooms

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,500 p.w. with a Gross profit of 30% approx.

Staff

The business is at present operated by the vendor with 1 full time butcher & 2 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 8 a.m - 8 p.m

Outside

Bins at back of building

No private parking space

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 5 years in 2023 (next review 2025) at a current rent of £18,000 p.a.

Business Rates from April 2024 £2,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018 AND SOLELY OFFERED FOR SALE AS MOVING OUT OF HERTFORDSHIRE

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote