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(REF: G6169)  Self Service Convenience Store, Full Free Off Licence
 
Seller Reference: G6169
B4S Reference: 30746
Asking Price: £165,000
Net Profit: Undisclosed
Sales Revenue: £832,000
Number of Staff: 2
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Northamptonshire, the East Midlands, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 1,000 sq. ft. sales area with non-slip floor, suspended ceiling with fluorescent lighting and well equipped including counter, 2 tills with EPOS scanning system, 2-8 open cool display units, 2-6 open cool display units, 3-tier ice cream display deep freeze, 1 glass topped chest deep freeze, modern shelving, 2 centre display gondolas. CCTV system with 9 cameras, 2 monitors plus recording.

Stockroom partly shelved
Staff cloakroom
Kitchenette
Office

WE ARE INFORMED the turnover currently averages £16,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 18% approx. In addition we understand there is a further turnover of approximately £2,000 p.w. in respect of Payzone & E-Pay.

We understand the shop premises are held on a secure renewable Council lease, the present lease having approximately 4 years unexpired at a rental of £8,500 p.a. exclusive of rates for the next 1 year, with rent to be agreed thereafter.

Uniform Business Rates: £1,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £165,000 plus STOCK AT VALUATION (£35,000/£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Available as an optional extra is a SELF CONTAINED FLAT over, we understand available on a shorthold tenancy at a rental of £425 per month plus bills. Alternatively we understand the owner of the flat will consider the sale of the long leasehold property at an asking price of £75,000. The FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

Service area at rear of parade
 
  Location: Situated in a parade, busy road, residential area, NORTHANTS
  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   
  7 a.m. - 11 p.m. seven days per week
  Summary of Staffing   
  The business is at present operated by the vendor on a part time basis with the assistance of 4 full time and 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.





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