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(REF: G6218)  Discount Store With Full Free Off Licence
 
Seller Reference: G6218
B4S Reference: 32041
Asking Price: £20,000
Net Profit: Undisclosed
Sales Revenue: £78,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Bedfordshire, the East of England, United Kingdom
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Similar business types:
Wholesale Businesses For Sale in Bedfordshire
  Business Summary   
  Nationwide are pleased to offer to the market : ATTRACTIVE SINGLE FRONTED MEDIUM SIZED SALES SHOP (due for refit shortly) with woodstrip floor, fluorescent lighting. The equipment includes counter, electronic cash register, 1 open cool display unit (used for beers, wines, juices and soft drinks), chest deep freeze (not used), ice cream deep freeze (also not used at present).

Stockroom
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £1,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit we are advised in the region of 30%. In addition the business is agents for Western Union and we understand that this provides a further revenue of approximately £200/£300 per month.

We understand the premises are held on a secure renewable lease, the present lease having approximately 20½ years unexpired at a present rental of £17,600 p.a. exclusive of rates for the next 6 months with rent review at that time for the next 5 years. The present tenant does not anticipate any increase. We are further advised that the rent reviews are every 5 years.

Uniform Business Rates: £5,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE DUE TO ILL HEALTH

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION (£10,000/£15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Car parking space at rear for 1 car
 
  Location: Situated in a parade, excellent main road trading position, MIDDLESEX
  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   
  Summer Months - 9.30 a.m. - 9 p.m.
Winter Months - 9.30 a.m. - 8 p.m.
(We understand that the licence for the sale of wines, beers and spirits allows the sale until 11 p.m. each day).
  Summary of Staffing   
  At present operated by the vendor with the assistance of his father.





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