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Convenience Store In Reading For Sale

Reading, Berkshire
Asking Price:
£39,950
Turnover:
£260,000
Net Profit:
Available on request

OLD ESTABLISHED CONVENIENCE STORE / OFF LICENCE / COUNTER NEWS - BUSY LOCAL CENTRE - READING, BERKS

Old Established Convenience Store / Off Licence / Counter News with wide frontage situated in busy parade of shops forming part of a local centre serving well populated surrounding areas towards the eastern side of Reading, Berks.

The Spacious Lock Up Premises are held on lease, we are advised, having about 16 years unexpired at a current rent of £11,750 per annum (5 yearly reviews).

Extra Wide Single Fronted Shop (fitted on self-service lines with ample all-round shelving and island gondola runs). Stockroom Area. Kitchenette. Toilet. There is also a large Basement Area with good headroom but not currently in use.

We are advised that Takings average around £5,000 weekly including wholesale news bill of circa £200 weekly (all counter sales - no paper deliveries). Sales also include Camelot Lottery and Pay Point revenue (estimated circa £900 weekly). Books & Accounts available for inspection.

Price required for goodwill, lease, tenants’ fittings, fixtures, utensils & equipment:- £39,950 STOCK EXTRA AT VALUATION

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