| (REF: G6144) Superbly Fitted Self Service Convenience Store, Butchery |
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| Seller Reference: |
G6144 |
| B4S Reference: |
30298 |
| Asking Price: |
£80,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£416,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Buckinghamshire, South East England, United Kingdom |
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Nationwide are pleased to offer to the market : The vendor has leased a car parking area situated approximately 20m from the shop and able to accommodate approximately 35 cars. The car park is held on a 5 years renewable lease from October, 2010 at a rental of £3,000 p.a. exclusive of rates, fixed for the first 3 years. It should be noted that 5 of the parking spaces are let to a local business and providing a rental income of £220 per month, therefore at the present time the net rental payable for the car park is only £360 p.a. exclusive of rates.
SPACIOUS DOUBLE FRONTED SALES SHOP plus SIDE WINDOW probably in the region of 2,300 sq. ft. including storage area, ceramic tiled floor, suspended ceiling with concealed lighting. The equipment includes modern adjustable shelving, 2 centre display gondolas, approximately 7m sliding glass topped chest display units, 3-3.75m open cool display units (2 of which we understand are new), chckout counter with 1 electronic cash register.
FULLY EQUIPPED BUTCHERS SECTION including 5½m cool display butchers counter, 2 butchers blocks, ban saw, mincer, 2 electronic scales
WE ARE ADVISED the business commended trading in October, 2010 and the turnover is currently in the region of £8,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary Licenses and indeed with the introduction of the sale of cigarettes and tobacco. Gross profit we understand in the region of 30%. (We further understand the split of turnover is approximately 50% in respect of groceries with the balance of 50% in respect of butchery.
We understand the premises are held on a secure renewable lease for a period of 7 years from August, 2010 at a rental of £18,000 p.a. exclusive of rates, fixed for the remainder of the term.
Uniform Business Rates: £8,500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
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: |
Car parking for 2 cars |
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Location: |
Situated end of parade, excellent town centre trading position, BUCKINGHAMSHIRE |
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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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9 a.m. - 8 p.m. seven days per week |
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The business is at present operated by a family member on a full time basis with the assistance of 2 full time butchers. |
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