Convenience Store with Off Licence in Northamptonshire For Sale

Commanding property, excellent trading position, residential area, Northamptonshire.

Turnover £ 7,000
Price £550,000

Features

Convenience Store and Off Licence - Refurbished August 2024



SINGLE FRONTED PREMISES, in the region of 925 ft², WITH ELECTRIC SHUTTERS, CCTV (15 cameras), Tiled flooring, suspended ceiling with LED lighting.

Sales counter, EPOS cash register, coffee machine, 2 chillers, tripple door freezer, vape display cabinets, adjustable shelving, etc.

Store room.

Staff cloakroom with toilet and wash hand basin.

Stairs to BASEMENT, used for storage.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 20% approx.

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

PARCEL SERVICES £150 per week approx.

Staff

The business is at present operated by the Hvendor with family assistance as required.

Trading Hours

7 Day week
MONDAY - SATURDAY 8 am - 10 pm
SUNDAY 9 am - 9.30 pm

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the right of the shop to masionette;

Living room.

Stairs to

2 Double bedrooms
Bathroom with bath toilet and wash hand basin
Fitted kitchen

Outside

Garden.

Tenure

NIL Business Rates after full relief (Please contact local authority to confirm)

FREEHOLD.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021.

Price

THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £550,000 plus STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 385,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote