Well Fitted Convenience Store plus Off Licence in Cumbria For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, Cumbria.

Turnover £ 6,500
Price £90,000

Features

Newly Fitted Convenience Store with off Licence

REFITTED TO A HIGH STANDARD 2022

DOUBLE FRONTED PREMISES in the region of 470 ft² with industrial non-slip floor, suspended ceiling with LED lights, sales counter, EPOS till, cigarette draw, drinks display fridges (glass fronted upright double-door), modern adjustable shelving, glass fronted upright double-door display freezer, CCTV system (10 cameras, 1 monitor).

Stock room.

Toilet with w.c. and wash hand basin.

Kitchen Area.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. with a Gross profit of 27.5 % approx.

Staff

The business is at present operated by the 2 partners with the assistance of 2 part time staff.

Trading Hours

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

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 2020 with reviews every 4 years (next review 2028) at a current rent of £10,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION (£10,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote