Buy a Village Self Service Convenience Store Free Off Licence business for sale in South Wales on BusinessesForSale.com

  • Listing ID: 833587
  • (Seller ref: G5403)

Village Self Service Convenience Store Free Off Licence For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£49,500
Turnover:
£286,000
Net profit:
Available on request
Employees:
The business is at present operated by a husband and wife team with the assistance of 1 part time staff.


SPACIOUS SALES SHOP in the region of 1,000 sq. ft. with electric shutters, tiled floor, suspended ceiling with concealed lighting. The equipment includes modern adjustable shelving, 2 centre display gondolas, 2 glass topped chest deep freezes, 1 open cool display dairy unit (owned), 1-1½m open cool display unit (owned and used for soft drinks), 1 upright double door drinks display fridge (used for beers and wines), till with EPOS scanning system, counter, Slush machine. CCTV system with 4 cameras, monitor plus recording.

Small stockroom
Staff cloakroom with w.c. and wash hand basin

Included in the sale is an adjoining Self Contained Shop at present vacant.


Property:
Leasehold
Lease terms:
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 £12,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable (after full relief)

RECOMMENDED FOR EARLY INSPECTION
Living accommodation:
The accommodation in the form of a SELF CONTAINED FLAT over, is at present let on a shorthold tenacy and provides a rental income of £450 per month, however, we understand that vacant possession can be given on completed. The accommodation DOUBLE GLAZED
Location:
Serving residential village approx, SOUTH WALES.

Expansion potential:
WE ARE INFORMED the turnover averages £5,000/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 20% approx. We understand that Paypoint is currently providing an additional income of approx. £80 p.w.
Reasons for selling:
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTUES & FITTINGS £49,500 plus STOCK AT VALUATION (£15,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION (£15,000 approx). SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Trading hours:
Monday - Saturday inclusive - 8 a.m. - 8 p.m.
Sunday opening - 9 a.m. - 5 p.m.
Financing available:
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

For more information about this business for sale, click the Contact Seller button.


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