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Reference G9153
Features
Virtually Freehold Convenience Store with off Licence
ZERO RENT PAYABLE
SINGLE FRONTED PREMISES in the region of 500 ft² with vinyl floor, suspended ceiling with fluorescent lighting, sales counter, EPOS till, modern adjustable shelving, open cool display unit, drinks display fridge (glass fronted upright three-door), Monster Fridge, , RedBull Fridge, ice cream freezer, display freezer.
Stock room.
Staff Toilet with w.c. and wash hand basin.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 22% approx.. Wholesale newsbill £175 p.w.
WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
NATIONAL LOTTERY £150 per week approx.
PAY POINT INCLUDING PARCEL£100 per week approx.
Staff
The business is at present operated by the Husband & Wife team.
Trading Hours
7 Day week
MONDAY - SATURDAY 7am - 8pm
SUNDAY 9am - 6pm
Outside
Rear yard with Shed in the region of 200 ft² (Shed can be remove and extend the shop)
Tenure
VIRTUALLY FREEHOLD (999 year LEASE from 2021, ZERO rent.)
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE MARCH 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
THE VALUABLE INCLUDE THE VIRTUAL FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £385,000 plus STOCK AT VALUATION (£15,000 APPROX.)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 269,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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