Well Fitted Self Service Convenience Store Full Free Off Licence. For Sale

Business description

Small front area, used for the display of greengrocery.

SPACIOUS SINGLE FRONTED SALES SHOP, probably in the region of 750 sq. ft. sales area, with ceramic tiled floor, counter with 2 electronic cash registers, new adjustable shelving, centre display gondolas, 2-3.75m cool display open units, 1-2m open cool display unit etc.

Stockroom.
Staff w.c.

Property information

Property:

Leasehold

Lease terms:

WE UNDERSTAND the premises are held on a secure renewable lease, the present lease having approx. 14½ years unexpired, at a rental of £14,500 p.a. excl. of rates for the next 4½ years, with rent review at that time and thereafter every 5 years.

Uniform business rates £2,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

Location:

Situated in a parade, excellent main road trading position, densely populated residential and commercial area, HERTFORDSHIRE.

Business Operation

Expansion potential:

WE ARE INFORMED when trading the turnover averaged £6,500 p.w., in our opinion offering tremendous potential for further increase in the right hands. We are advised the gross profit is in the region of 30% approx.

Reasons for selling:

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

Trading hours:

When trading - Monday/Saturday incl. 8.30 a.m. - 11 p.m.
Sunday opening 8.30 a.m. - 10.30 p.m.

Employees:

The business was operated by the vendor on a full time basis, with the assistance of his brother on a part time basis plus 1 full time staff employed.

Other information

Financing available:

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