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Reference G9194
Turnover £ 14,500
Price
£210,000
Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence
SPACIOUS SINGLE FRONTED SALES SHOP in the region of 800 sq. ft. sales area with quality non-slip floor, suspended ceiling with concealed lighting. The equipment includes 2 display gondolas, modern adjustable shelving, magazine display shelving, counter, 2-3.75m open cool display units, large glass topped chest display deep freezer, 3-tier ice cream deep freezer etc.
Stockroom
Staff w.c. & wash hand basin
WE ARE INFORMED the turnover averages £14,500 p.w. in our opinion offering tremendous potential for further increase in the right hands, Wholesale newsbill £350 p.w. We are further advised that the gross profit is in the region of 20%. The business is agents for the sale of on line national lottery tickets plus scratchcards & this we understand provides a commission of approximately £125 p.w. The business also has Paypoint/Pay Zone provides a commission of approximately £100 per month.
The business is at present operated by the vendor with the assistance of 1 part time staff.
6 a.m. - 11 p.m. seven days per week
FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, shower over bath, w.c. & wash hand basin
Lounge
Kitchen
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE LEASE from a private landlord, granted for 10 years in 2021, reviews every 5 years at a current rent of £22,000 p.a.
Uniform Business Rates 2025: £6,500 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL FITTED SELF SERVICE CONVENIENCE STORE, COMBINED WITH COUNTER NEWS & FULL FREE OFF LICENCE IN THIS EXCELLENT TRADING POSITION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS OFFERS INVITED IN EXCESS OF £210,000 plus STOCK AT VALUATION (£40,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Subject to status, you maybe able to borrow up to £ 105,000 (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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