Asking price: £79,500

Sales revenue: £416,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
No parking restrictions

Forecourt 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.