Convenience Groceries And Full Free Off Licence For Sale

Business description

DOUBLE FRONTED MEDIUM SIZED SALES SHOP carpeted floor, fluorescent lighting. The equipment includes counter, electronic cash register, modern shelving, 1 single door glass fronted display deep freeze (owned by Lucozade), 1 double door glass fronted drinks display fridge (on loan from Coca Cola), 1 additional double door glass fronted display fridge (owned and used for beers and wines), 2 greeting card display stands, coffee machine, ice cream deep freeze.

BASEMENT with 2 storerooms

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 21 years unexpired at a rental of £8,400 p.a. exclusive of rates for the next 1 year, with rent to be agreed thereafter.

Uniform Business Rates: Nil payable at present

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The accommodation comprises: 4 Bedrooms (3 doubles, 1 single) Bathroom with bath, w.c. and wash hand basin Lounge Kitchen Cloakroom with w.c. and wash hand basin

Location:

Situated end of terrace, densely populated residential area, FERNDALE, SOUTH WALES

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £850 p.w. Gross profit 22% approx. We understand the Health Lottery has recently been introduced.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,999 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 6 p.m. - 10 p.m.
Sunday opening - 8 a.m. - 8 p.m.

Employees:

The business is at present operated by a husband and wife team. In addition there are 3 persons employed for news deliveries. Delivery charge 70p p.w.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance