CONVENIENCE STORE WITHIN LARGE RESIDENTIAL
AREA
ESTABLISHED 2019, NEW BUSINESS FIT OUT FROM
SHELL
ASSIGNMENT OF RENEWABLE LEASE (10 YEAR
COMMENCED OCTOBER 2019)
C.87SQM / 939 SQFT OF RETAIL SPACE (SPAR
BRANDED – NO TIE IN)
NET T/O C. £1 MILLION WITH A 3 YEAR AVERAGE
GP OF 27% AND NET OF £111k
VERY WELL EQUIPPED AND PRESENTED
NB : NO ACCOMMODATION
EPC: B (35)
- Asking Price:
- £225,000 Furniture / Fixtures included
- Turnover:
- £1,000,000
- Net Profit:
- £110,000
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
Remainder of 10 year renewable
- Leasehold Rent:
-
£10,000 per annum
- Location:
-
In large residential housing development
- Premises Details:
-
1000 sq ft of retail and 500 stores
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Other work avenues
- Employees:
- 6
- Years established:
- 6
