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(REF: C7777)  Fully Fitted Full Free Off Licence, Slight Convenience Grocery
 
Seller Reference: C7777
B4S Reference: 29288
Asking Price: £50,000
Net Profit: Undisclosed
Sales Revenue: £260,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: West Midlands County, the West Midlands, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : DOUBLE FRONTED PREMISES with attractive lino tiled effect floor, suspended ceiling with concealed lighting. The equipment includes 2 double door glass fronted display fridges (owned), 1 single door glass fronted display fridge (on loan from Coca Cola), ice cream deep freeze, modern wooden shelving, counter, till with EPOS scanning system etc.

Staff cloakroom

WE ARE INFORMED the turnover averages £5,000/£5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 20% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 19 years unexpired at a rental of £10,400 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £400 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade of 5 shops sought after residential area with the advantage of a school nearby, HERTFORDSHIRE
  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 - 9 a.m. - 10 p.m.
Sunday opening - 10 a.m. - 9 p.m.
  Summary of Staffing   
  The business is at present operated by a lady vendor with the assistance of 1 full time staff.





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