Convenience Store Bakery And Full Free Off Licence For Sale

Business description

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 2,500 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting, adjustable shelving, 4 centre display gondolas, 1-3.75m island display deep freeze, 1 3-door upright display deep freeze, 1-5m open cool display unit, 1 upright double door chiller (on loan from Coca Cola), 1 additional upright double door chiller (owned and used for wines and beeers), 1 upright single door drinks display fridge (on loan from Lucozade), 1 additional upright single door display fridge (on loan) etc.

Large stockroom

Large fully equipped bakery including 5-deck bakers oven, 1 prover, mixer, bun maker, bread slicer etc.

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 16½ years unexpired at a rental of £13,800 p.a. exclusive of rates for the next 1½ years, with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The SPACIOUS SELF CONTAINED accommodation with CENTRAL HEATING, comprises: 4 Double Bedrooms Bathroom with bath, w.c. and wash hand basin Large Lounge with kitchen area

Location:

Situated in a parade High Street trading position, village residential area with 2 schools nearby, SOUTH WALES.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £13,000/£14,000 p.w. (including bakery turnover of £2,000/£3,000 p.w), in our opinion offering tremendous potential for further increase in the right hands. Gross profit 24% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION (£40,000/£50,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

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

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.