Well established semi-detached self service convenience store, counter news, full free off licence
Business for sale
Asking Price:
£45,000
Turnover:
£260,000
Annual profit:
£50,700
Audited accounts:
Yes
Management accounts:
Yes
Business description
This business is located in Gloucestershire.Turnover We are informed the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 25% approx.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£10,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Features Outstanding opportunity to acquire a Self Service Convenience Store combined with Full Free Off Licence in the centre of the Cotswolds.
DOUBLE FRONTED SALES SHOP approx. 400 sq. ft. sales area, suspended ceiling with fluorescent lighting, carpet tiled floor. The equipment includes adjustable shelving, 1 glass topped chest deep freeze, 1 upright glass fronted deep freeze, 2 cool display units, counter, electronic cash register etc.
Small stockroom.
Staff cloakroom with w.c. and wash hand basin.
Staff The business is at present operated by the vendor with the assistance of his family plus 1 part time staff.
Opening Hours 6 a.m. - 9 p.m. seven days per week
Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £7,800 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Reference : G4984
Employee details
Fulltime staff:
0
Parttime staff:
1
