Superbly Fitted Self Service Convenience Store For Sale

Business description

CUSTOMER'S CAR PARKING IN FRONT OF PARADE (Limited to 2 hours during the day)

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 1,780 sq. ft. sales area. Newly fitted with tiled floor, suspended ceiling, concealed lighting. 2 large glass topped chest display deep freezes, 2 upright glass fronted display deep freezes, 3 open cool display chillers, modern adjustable shelving, counter, 2 tills with EPOS scanning system, glass display cabinet for mobile phones. The business has a section for unlocking and the sale of mobile phone accessories and repairs providing an additional turnover for the business. 16 camers, 2 monitors plus recording.

Large storeroom with shelving
Staff ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable Council lease, the present lease having approximately 14 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £10,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Location:

Situated in a parade of shops, busy road, residential area and close to large hospital, HAMPSHIRE

Business Operation

Expansion potential:

WE UNDERSTAND the business was opened in February, 2011 and we are informed the turnover currently averages £9,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary premises and personal licence. Gross profit we are advised in the region of 22%. The business also has Paypoint & an ATM machine. We are advised the business also has the Health Lottery.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION (£30,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 7 a.m. - 8 p.m.

Employees:

The business is at present operated by 2 brothers with the assistance of 1 part time staff.

Other information

Financing available:

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