Well Equipped Off Licence Plus Convenience & Groceries For Sale

Business description

SPACIOUS DOUBLE FRONTED SALES SHOP with new shop front proably in the region of 700 sq. ft. sales area, newly fitted, suspended ceiling with concealed lighting. 7m open cool display unit (used for wines, beers and soft drinks), modern adjustable shelving, counter, 2 tills with EPOS scanning system etc.

Stockroom
Staff w.c. and wash hand basin plus shower
Kitchen

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 23½ years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 3½ years with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, town centre position, SOUTH WALES

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 25% approx. In addition the business has Paypoint.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION (£25,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Sunday - Thursday inclusive - 9 a.m. - 11 p.m.
Friday & Saturday - 9 a.m. - 2 a.m.

Employees:

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

Other information

Financing available:

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