Impressive Convenience Store in Gloucestershire For Sale

Situated in a parade, excellent trading position 1 mile from the town centre, GLOUCESTERSHIRE

Turnover £ 5,000
Price £69,500

Features

Well Established Self Service Convenience Store, Confectionery, Tobacco and off Licence

Small forecourt to SPACIOUS SINGLE FRONTED SALES SHOP in the region of 825 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting.

Sales counter, 2 tills with scanning system (optional), modern adjustable shelving, 3 open cool display units (1 used for wines, 1 used for beer whilst the third is used for soft drinks, sandwiches etc), Freezer, CCTV system with 10 cameras, monitor plus recording.

Small stockroom

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 27.5% approx.

Staff

The business is at present operated by the vendor with the assistance of 1 part time and 1 full time staff.

Trading Hours

7 Day Week
MONDAY - SUNDAY 8am - 8pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2023 at a current rent of £20,000 p.a. with a rent review in 2025 and thereafter every 5 years (next review 2027)

Business Rates from April 2024 £1,800 approx. after small business relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £69,500
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 34,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote