Business for sale

Business description

Location Situated in a parade, main road trading position, residential area, Leicester

We are informed the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 20% approx. We understand the business is an Agent for Western Union.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£16,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features SINGLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, fluorescent lighting. The equipment includes modern adjustable shelving, counter, electronic cash register, 1 upright double door drinks display fridge, 3 upright single door drinks display fridges, ice cream deep freeze etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

Staff The business is at present operated by the vendor with the assistance of 1 part time staff.

Opening Hours Monday - Saturday inclusive - 10.30 a.m. - 10 p.m.
NO SUNDAY TRADING

Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 6 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £2,000 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION


Reference : C6936