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(REF: G5267)  Village Self Service Convenience Store, Counter News, Full Free Off Licence
 
Seller Reference: G5267
B4S Reference: 20891
Asking Price: £130,000
Net Profit: Undisclosed
Sales Revenue: £702,000
Number of Staff: 4
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,200 sq. ft. sales area. Non-slip floor. Well equipped including modern adjustable shelving, 3 upright glass fronted display deep freezes, 3 open chiller display units (used for dairy produce, sandwiches, milk etc), 2 open cool display units (1 used for beers and wines whilst the other is used for soft drinks), counter, 2 electronic cash registers, EPOS scanning system (not used at present) etc.

2 Stockrooms (1 with shelving)
Staff cloakroom with w.c. and wash hand basin

2 large cellars (ideal for storage purposes)

WE ARE INFORMED the turnover averages £13,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £400 p.w. Gross profit 22% approx.

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 £24,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £2,900 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £420,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The SPACIOUS living accommodatin all in GOOD CONDITION, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

4 Double Bedrooms
Bathroom with bath, shower over bath, w.c. and wash hand basin
Large Lounge/Dining Room
Fully Fitted Kitchen

Yard at rear with car parking space for 4/5 cars
 
  Location: Situated in a parade, residential area, MID GLAMORGAN, SOUTH WALES
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday - Saturday inclusive - 7 a.m. - 10.30 p.m.
Sunday opening - 8 a m. - 10.30 p.m.
  Summary of Staffing   
  The business is at present operated by 1 partner with the assistance of his wife plus 1 full time staff.





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