Supermarket with Butchers Counter in Nottinghamshire For Sale

Situated in a parade, prominent trading position, residential, office and commercial area, NOTTINGHAMSHIRE

Turnover £ 15,000
Price £215,000

Features

Londis Store Plus Deli / Butchery Counter

REFITTED MAY 2022 TO A HIGH STANDARD

Ample customers' car parking as there are no parking restrictions in front of shop.

IMPRESSIVE FRONTED PREMISES in the region of 5,000 ft² with ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with panel lights. Air conditioning with hot air. Sales counter, 2 EPOS tills, cool display Deli counter with refrigerated storage section, slicer, Food to Go Counter with Costa Coffee, hot cabinet, multiple glass fronted upright double door drinks display fridges, multiple freezers, glass fronted upright double-door display fridge, modern adjustable shelving. CCTV system (32 cameras, 1 monitor)

WALK-IN CHILLER BEER CAVE

Stockroom in the region of 2,000 ft²

Toilet with w.c. and wash hand basin

Office
Staff room

Walk-in coldroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £15,000 p.w. with a gross profit of 24% approx. (including Deli / Butchery sales in the region of £1,000)

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

NATIONAL LOTTERY £160 per week approx.
PAYPOINT £25 per week approx.
ATM £5 per week approx.

Staff

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

Trading Hours

7 Day week
MONDAY - SATURDAY 6 a.m - 10 p.m
SUNDAY 8 a.m - 8 p.m

Outside

Secure rear yard with parking space for 2 cars.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a sub lease from a private landlord, granted for 7 years in 2022 with reviews every 3 years (next review 2025) at a current rent of £18,000 p.a.

We further understand the landlord is happy to grant a new 15 years lease with 3 yearly reviews at a rent of £18,000 p.a.

Business Rates from April 2024 £2,120 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 AND IS SOLELY OFFERED FOR SALE DUE TO PERSONAL REASONS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £215,000 plus STOCK AT VALUATION (£50,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 107,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote