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Reference M5533
Features
Vast Wholesale Cash & Carry (specialising In Food & Drink)
6 DAYS OPENING
INDUSTRIAL UNIT - 16,000 square meters. CCTV (12 cameras). Single fronted with roller door and vehicular access. Concrete floor, brick walls and glass roof. 2 EPOS cash positions, commercial printer, adjustable shelves.
Large walk-in coldroom
Large walk-in freezer
Office
2 cloakrooms with toilets and sink
Staff room
Customer cloakroom with toilet and sink
2 fork lifts
2 delivery vans
Turnover
We are advised sales year ending 2022/2023 2.4m. Present sales £50,000/ £60,000 p.w. Gross profit 31% approx.
Staff
The business is at present operated by the vendor with 4 full time staff employed. with the assistance of 5 part time staff.
We are informed the wage bill averages £5,000 p.w. approx.
Trading Hours
6 Day week
MONDAY - FRIDAY 9 a.m - 5 p.m
SATURDAY 9.30 a.m - 5 p.m
CLOSED SUNDAY
Outside
Parking for 10 vehicles.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, trading over. We understand the Landlord is happy to offer a new 12 years lease with 3 yearly reviews, shorter if purchaser prefers at an initial rent of £36,000pa.
Business Rates from April 2023 £7,000 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £495,000 plus STOCK AT VALUATION (£175,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 247,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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£495,000
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