| (REF: G5919) Profitable Self Service Convenience Store, Full Free Off Licence |
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| Seller Reference: |
G5919 |
| B4S Reference: |
27458 |
| Asking Price: |
£49,990
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£286,000 |
| Number of Staff: |
2 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Tyne and Wear, North East England, United Kingdom |
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Nationwide are pleased to offer to the market : The business is situated in a residential area with the advantage we understand of approx. 300 houses being built nearby.
SPACIOUS SINGLE FRONTED SALES SHOP in the region of 800 sq. ft. sales area with lino floor, fluorescent lighting and fully equipped including modern adjustable shelving, 2 glass topped chest deep freezes, 2 large open cool display units (1 used for dairy and milk whilst the other is used for wines and beers), 2 triple fronted cool display units (both on loan from Coca Cola), 1 upright single door drinks display fridge (on loan from Lucozade), gravity feed slicer, 2 electronic cash registers, 1 electronic scales etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 24% approx.
We understand the premises are held on a secure renewable lease for a period of 20 years from September, 2008 at a rental of £15,000 p.a. exclusive of rates up to September, 2013, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £790 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,990 plus STOCK AT VALUATION (£18,000/£20,000 approx)
SUBSTANTIAL LOAN 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 SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units
Small garden.
Garage |
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Location: |
Situated in a parade, residential area, TYNE & WEAR |
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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 - Saturday inclusive - 9 a.m. - 9 p.m.
Sunday opening - 10 a.m. - 9 p.m. |
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The business is at present operated by a husband and wife team and no staff are employed. |
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