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Well-Established Convenience Store Plus Off-Licence For Sale

Tyne and Wear, UK
Asking Price:
£185,000
Turnover:
£624,000
Net Profit:
Undisclosed

PARKING FOR 5/6 CARS

IMPRESSIVE QUAD FRONTED RETAIL SHOP in the region of 2,750 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED Panel lighting, sales counter, 2 EPOS tills, cigarette gantry with Vapes display, modern adjustable shelving, 2 x 5 Meter open cool display unit, 2.5 Meter drinks display fridge (glass fronted upright), walls Ice Cream Freezer, Take Home Freezer, Kitchen, CCTV system (13 cameras, 2 monitor).

Stock room with fridges and freezer.

Staff Toilet with w.c. and wash hand basin.

Office

LOCATION: Detached property, excellent main road trading position, residential, office and commercial area, Tyne and Wear

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £12,000 p.w. with a Gross profit of 22% approx.. Wholesale newsbill £500 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:
NATIONAL LOTTERY £50 per week approx.

PAY POINT with COLLECT PLUS £10 per week approx.

PAY ZONE £10 per week approx.

ACCOMMODATION: YES, accommodation is included, you must click the 'Contact Broker' button for additional details.

STAFFING: The business is at present operated by the 2 partners with the assistance of 3 part time staff.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION (£40,000 APPROX.)

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, ACCOMMODATION DETAILS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold

Living Accommodation:

Accomodation Included