Village Self Service Convenience Store With Lottery For Sale - Gwent, United Kingdom

Advert Ref: G5536

Asking price: £79,500

Sales revenue: £416,000

Business description: No parking restrictionsForecourt to SPACIOUS SALES SHOP in the region of 2,000 sq. ft. with tiled floor, suspended ceiling with concealed lighting. The equipment includes modern shelving, display gondolas, counter, 2 electronic cash registers, 5 glass topped chest display deep freezes, 2 upright double door display fridges, 2 single door glass fronted display fridges etc.Stockroom (partly shelved)Staff cloakroom with w.c. and wash hand basin

Employees: The business is at present operated by a husband and wife team with the assistance of 1 part time staff.

Trading hours: Monday - Saturday inclusive - 7 a.m. - 8.30 p.m. Sunday opening - 7 a.m. - 2 p.m.

Property : Leasehold

Lease terms: The vendor owns the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. Uniform Business Rates: £2,500 p.a. approx. THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 30 YEARS AND THERE ARE GENUINE REASONS FOR SALE. RECOMMENDED FOR EARLY INSPECTION

Location: Residential area, WEST WALES

Expansion potential: WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling: TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION (£30,000 approx. can be reduced). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available? SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.