Business for sale

Business description

We are informed the turnover averages £11,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 22% approx. In addition the business has a Paypoint and we understand this provides a commission of approx. £50/£60 p.w.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£30,000/£35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,200 sq. ft. with ceramic tiled floor, suspended ceiling with concealed lighting. Well equipped including counter, 2 electronic cash registers, cigarette gantry (on loan), 2 open cool display units (both on loan from Coca Cola), 1-3.75m cool display unit (used for beers), 1 double door cool display unit (on loan from Lucozade), 1 open cool display unit (also on loan from Lucozade), 3 glass topped chest deep freezes etc.

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


Staff: The business is at present operated by 2 partners with the assistance of 1 part time staff.


Opening Hours: Monday - Saturday inclusive - 8.30 a.m. - 11 p.m.
Sunday opening - 8.30 a.m. - 10.30 p.m.


Tenure We understand the premises are held on a secure renewable lease having 15 years unexpired from March, 2006 at a rental of £18,500 p.a. exclusive of rates up to March, 2011 with rent review at that time and thereafter every 5 years.

Uniform Busines Rates: £6,900 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : C7048