Newly Fitted Convenience Store with Off Licence in Bedford For Sale

Detached property, prominent trading position, residential area, BEDFORD

Turnover £ 7,000
Price £130,000

Features

Well Presented Convenience Store, Off-licence Calor and Recently Introduced Calor Gas Agency

NEWLY FITTED 2023
FORECOURT TO THE SIDE

SINGLE FRONTED PREMISES in the region of 840 ft² WITH DOUBLE DOORS ELECTRIC SHUTTERS, laminated strip floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, cigarette draw, drinks display fridge (glass fronted upright four-door), drinks display fridge (glass fronted upright twelve-door), rollover hot dog machine, display freezer (glass fronted upright five-door), modern adjustable shelving, open cool display unit (3 metres), modern adjustable shelving, CCTV system (14 cameras, 1 monitor).

Stock room.
Toilet with w.c. and wash hand basin.
Small Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 27% approx.

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

PAY POINT £40 per week approx.
AMAZON LOCKER £500 per 3 months approx.

Staff

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

Trading Hours

7 Day week
MONDAY - SUNDAY 7 a.m. - 10 p.m.

Outside

Secure store for gas cylinders.
Garden with lawn plus Parking space for 3 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £21,600 p.a.

We understand the Landlord, subject to references, requires a £20,000 rent deposit.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote