Reduced Freehold High Takings Convenience Store Plus Accomodation For Sale

Business description

LOCATION: In an excellent unopposed position with good passing trade, plus a well populated residential area. Several bus routes pass and there is a stop nearby, plus another opposite.

DESCRIPTION: This substantial mid-terrace property is arranged on ground floor and lower levels with a garden at the rear. If purchase freehold large living accommodation on first and second floors above is also included. The frontage is approx 19’- 3’’ wide and internally the 600 sq ft ground floor comprises an air-conditioned front sales section which is well fitted and is monitored by a colour CCTV system with 7 video cameras. A stairway descends to a 720 sq ft lower level with large fitted kitchen/staff room, plus 2 store rooms and there is a rear entrance from garden.

EQUIPMENT: The business is fully equipped and the convenience store has a 10’- 0’’ long refrigerated dairy cabinet, 2 double drinks display fridges, ice-cream freezer, 2 electronic cash register, etc.

BUSINESS: We are informed is taking £8,000 per week with a gross profit margin of 22%. In addition, there is £4,500/£5,000 per week from bus pass sales, plus £1,800 per week lottery sales and £50 per week clear profit from cash machine. The business is staff-run so lots of scope to increase takings if shop was run by a working owner.

HOURS: Mon – Sat 7.00 am to 8.30 pm; Sun 7.30 am to 7.30 pm.

ACCOMM: (Freehold Purchase Only).
Separate rear entrance; Gas Central Heating; pt double glazing.
First floor: - 2 large rooms; bathroom/toilet; separate toilet. Second floor: - 2 large rooms.

TENURE: Available as a lock-up shop with basement on a 125 years head lease and ground rent £50 per annum or entire freehold including accommodation.

RATES: Business rates payable are approx £1,645 per annum.

Property information

Lease terms:

Available as a lock-up shop with basement on a 125 years head lease and ground rent £50 per annum or entire freehold including accommodation for £414,950.

Location:

In an excellent unopposed position with good passing trade, plus a well populated residential area. Several bus routes pass and there is a stop nearby, plus another opposite.

Other information

Support & training:

Full support and training included

Trading hours:

Mon – Sat 7.00 am to 8.30 pm; Sun 7.30 am to 7.30 pm.

Financing available:

Finance arramged for the right buyer.

Inventory / Stock value:

£20,000

Related documents:

• 
• Compulsory Registration Form