Off Licence CTN & Convenience Store In Leicestershire For Sale

Business description

Bus Stop outside

SINGLE FRONTED SALES SHOP in the region of 520 sq. ft. sales area we understand refitted on October, 2011. Modern adjustable shelving, 1 upright glass fronted display deep freeze, 2 open cool display units, 1 double door glass fronted display fridge etc.

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

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a current rental of £6,480 p.a. exclusive of rates up to the 30th November, 2014, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable at present after full business relief

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade of shops, main road trading position, residential area, LEICESTERSHIRE

Business Operation

Expansion potential:

WE ARE INFORMED the turnover currently averages £4,700/£5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised the gross profit is in the region of 25%. In addition the business has Payzone and we understand this provides a commission in the region of £60 p.w.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £29,250 plus STOCK AT VALUATION (£7,000/£8,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 8 a.m. - 10 p.m.
Sunday opening - 9 a.m. - 9 p.m.

Employees:

The business is at present operated by the vendor with the assistance of his partner.

Other information

Financing available:

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