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(REF: G6073)  Spacious Well Fitted Self Service Convenience Store, Full Free Off Licence.
 
Seller Reference: G6073
B4S Reference: 27332
Asking Price: £130,000
Net Profit: Undisclosed
Sales Revenue: £936,000
Number of Staff: 2
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. 1,000 sq. ft. sales area with ceramic tiled floor, suspended ceiling with concealed lighting. Display gondolas, counter, 2 tills with EPOS scanning system, 7m cool display unit (used for soft drinks and dairy produce), 4m cool display unit used for wines & beers, magazine display shelving, 2 open cool display units (used for milk and soft drinks), 2 curved glass topped chest deep freezes, ice cream deep freeze, etc.

Stockroom

Stairs to first floor

Ladies cloakroom with w.c. and wash hand basin
Gentlemens cloakroom with w.c. and wash hand basin plus shower

In addition, there is a staff kitchen.

WE ARE INFORMED the turnover is currently £18,000, in our opinion offering further potential to increase in the right hands. Wholesale newsbill £380 p.w. In addition, the business has PayPoint. We understand that this provides a commission of approx. £25 p.w.

We understand the premises are held on a secure renewable lease for a period of 20 years from October 2010, at a rental of £17,600 p.a. exclusive of rates up to October 2014, with rent review at that time and thereafter every 4 years. Uniform business rates £6,400 p.a. approx.


OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS CONVENIENCE STORE COMBINED WITH FULL FREE OFF LICENCE, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 PLUS STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The accommodation, situated on the first floor, comprises:

1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

Second floor additional flat comprising:

1 double bedroom.
Bathroom with bath, w.c. and wash hand basin.
Lounge.
Kitchen.

 
  Location: Situated in a parade, excellent main road trading position, 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   
  8 a.m. - 11 p.m. seven days per week.
  Summary of Staffing   
  At present operated mainly under management. Staff employed: 1 full time manager plus 2 full time and 2 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wagebill could be reduced.





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