| (REF: G5690) Profitable Old Established Self Service Convenience Store, Full Free Off Licence |
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| Seller Reference: |
G5690 |
| B4S Reference: |
20763 |
| Asking Price: |
£69,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£416,000 |
| Number of Staff: |
5 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Derbyshire, the East Midlands, United Kingdom |
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Nationwide are pleased to offer to the market : Forecourt to -
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 29ft wide x 38ft depth providing a sales area in the region of 1,100 sq. ft. Air Conditioned. Fully equipped including modern adjustable shelving, 2 deep freezes, 1 open cool display unit, 3 upright double door drinks display fridges, 2 single door drinks display fridges, ice cream deep freeze, counter, electronic cash register with scanning plus 1 additional cash register etc.
To the rear are 3 large stockrooms
Staff w.c. with wash hand basin
It will be appreciated upon inspection that there is potential to enlarge the shop into the storage facilities at rear, subject to obtaining the necessary planning permission.
WE ARE INFORMED the turnover averages £8,000/£9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 25% approx. In addition, the business has a Payzone and we understand this provides a commission of approx. £100 p.w.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Busienss Rates: £2,400 p.a. approx. + water rates
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1983 AND IS NOW OFFERED FOR SALE DUE TO THE VENDORS ILL HEALTH AND RETIREMENT.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION (£35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £475,000 plus STOCK AT VALUATION (£35,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The accommodation in the form of a FLAT over at present comprises:
5 Bedrooms (4 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Separate shower room with shower, w.c. and wash hand basin
It would be appreciated upon inspection that 1 of the bedrooms could readily be used as a living room and indeed either the bathroom or the shower room could be converted into a kitchenette, if desired.
Yard at rear with parking space for 1 large vehicle. |
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Location: |
Main road trading position, densely populated residential area, DERBYSHIRE. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Friday inclusive 8.30 a.m. - 10 p.m.
Saturday opening - 9 a.m. - 10 p.m.
Sunday opening - 10 a.m. - 10 p.m. |
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The business is at present operated by the vendor with the assistance of his wife plus 2 part time staff. |
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