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Long-established Asian Grocers In Gloucester For Sale

Gloucester, Gloucestershire, UK
Asking Price:
£40,000 Furniture / Fixtures included
Turnover:
£289,138
Net Profit:
Under £50K

Long-established Asian Grocers in Gloucester. 2nd generation family business with extensive stock range attracting custom from a wide area. Net takings £289,138 per annum. Gross Profit margin 20.5%. Scope to meet demand from customers to supply wider range of continental foods - Chinese, Thai etc. Well-presented and easily managed lock-up premises: sales area (1,130 ft.²), halal butchery section (129 ft.²) with cold room (345 ft.³), toilet and stock room (347 ft.²) provides potential additional retail sales space. Leasehold @ £20,000 per annum rental. O.I.R.O. £40,000 S.A.V. Ref: CC/9372

Property Information

Property:

Leasehold

Lease Terms:

New lease to be granted.

Leasehold Rent:

£20,000 per annum

Location:

Situated in densely populated residential area.

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