- Businesses for sale
- Advert Details
- Advert ID: 739719
- (Seller ref: G5041)
Full Free Off Licence, Convenience Groceries, Counter News, Confectionery, Tobacco For Sale
- Warwickshire, Warwickshire, United Kingdom
Add this business to my shortlist
|
- Business description
- SINGLE FRONTED SALES SHOP with tiled floor, fluorescent lighting. Fully equipped including 1 upright double door drinks display fridge, 3 upright single door drinks display fridges, shelving, counter, electronic cash register.
Small Stockroom
- General information
- Employees: The business is at present operated by the vendor with the assistance of his wife and no staff are employed.
- Trading hours: 7 a.m. - 9.30 p.m. seven days per week
- Property:Leasehold
- Lease terms:We understand the shop premises are held on a secure renewable lease from a private landlord having approximately 14½ years lease unexpired at a rental of £7,800 p.a. exclusive of rates for the next 4½ years with rent review at that time and thereafter every 5 years. Uniform Business Rates: £1,300 p.a. approx. + water rates RECOMMENDED FOR EARLY INSPECTION
- Living accomodation:The accommodation in the form of a SELF CONTAINED MAISONETTE over is available as an optional extra from the same landlord on a shorthold tenancy at a current rental of £650 per month. The accommodation comprises: 4 Bedrooms (2 doubles, 2 singles) 2
- Location:Residential area, WARWICKSHIRE
- Expansion potential:WE ARE INFORMED the turnover averages £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £350 p.w. Gross profit 20% approx. The business also has a Paypoint and we understand this provides an additional commission of £65 p.w. Also in addition there is a ATM machine and we understand this provides a commission of approx. £300 per month.
- Reasons for selling:TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Financing available?SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.