Superb newly fitted SELF SERVICE CONVENIENCE STORE, FULL FREE OFF LICENCE

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Status
FOR SALE
Advert ID
205184

Details

Location: Occupying an excellent corner position, end of terrace, busy road, residential area not far from NOTTINGHAM.

Features: Free Car Park nearby for 20 cars

IMPRESSIVE & SPACIOUS 1,200 sq. ft. sales shop all refurbished and refitted at considerable expense. Suspended ceiling with inset lighting, quality fitted ceramic tiled floor. The equipment includes 2 lane EPOS scanning system, 1-3.7m open cool display unit (used for wines and beers), 2-1m cool display units (both used for soft drinks), 1-3.4m cool display unit (used for milk and dairy produce), 2 display gondolas, 2 large glass topped chest deep freezes, counter, CCTV system with 20 cameras, 2 monitors plus recording.

Large stockroom
Office
Kitchenette
Staff cloakroom with w.c. and wash hand basin plus large garage

PLEASE NOTE WE UNDERSTAND THE VENDOR, IN VIEW OF THE CONSIDERABLE AMOUNT OF MONEY THAT HAS BEEN INVESTED IN NEW EQUIPMENT, IS ABLE TO PUT THE FIXTURES & FITTINGS IN A SALE CONTRACT IN THE REGION OF £60,000

Turnover: WE have been INFORMED the turnover averages £6,500/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands Gross profit 23% approx. We understand from the vendor the store has been approved by a number symbol groups and in our opinion, the business offers tremendous potential.

Staff The business is at present operated by the owners with the assistance of 2 part-time staff.

Opening Hours:Monday - Friday inclusive - 7 a.m. - 9 p.m.
Saturday - Sunday opening - 8 a.m. - 9 p.m.

Accommodation:The SPACIOUS living accommodation DOUBLE GLAZED and with new FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of £575 per month. The accommodation comprises:

4 Bedrooms (3 doubles, 1 single)
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Large Lounge
Fully fitted kitchen

Tenure: The vendors own the leasehold and subject to satisfactory references are prepared to continue 15 years full repairing and insuring lease in respect of the shop with accommodation over at a rental of £18,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: zero. (after small business relief).

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED SELF SERVICE CONVENIENCE STORE COMBINED WITH FULL FREE OFF LICENCE, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.

MUST BE SEEN TO BE FULLY APPRECIATED.

Price: TO INCLUDE 15years LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION.

PLEASE NOTE WE UNDERSTAND THE VENDOR THAT THE SPLIT OF THE PROPOSED SALE PRICE, SUBJECT TO CONTRACT, CAN BE APPROXIMATELY £60,000 FOR FIXTURES & FITTINGS WITH THE BALANCE BEING FOR GOODWILL. Plus SAV extra.

ServicesOff-licence, National Lottery, My Hermes Parcel shop, Convenience Store, News Papers/Magazines, Pay point and Free ATM on the premises. Much more to add.
Listing Details
Leasehold Price: Price on Application
Tenure: Leasehold
Sector: Convenience Stores, Off Licences, Shops With Flats
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
Key Features
  • With Accommodation
  • Established Business
  • Attractive Business
  • Accounts Available
  • Fully Fitted
  • With Car Park
  • Prime Location
  • Close to Local Amenities
Particulars / More Information
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