Modern Village Self Service Stores For Sale

Business description

Layby for customers car parking plus customer's car park at rear of parade for 10/15 cars.

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 700 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting. Air conditioning. Counter with combination Post Office counter, till with EPOS scanning system (on lease to be taken over, approx. 2 years unexpired at £120 per month), magazine display shelving, open cool display unit (on loan from Coca Cola), 3-2m open cool display units (1 used for wines and beers plus 1 for juices, soft drinks, whilst the other is used for milk and dairy produce), 1 large sliding topped chest deep freeze, 1 glass topped chest deep freeze, 1 upright glass fronted display fridge, 1-3 tier display ice cream deep freeze. Post Office counter with anti-bandit screen plus parcel hatch.

Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

The vendor owns the freehold and is prepared to grant in respect of the shop premises, subject to satisfactory references, a new 21 years full repairing and insuring lease at a rental of £10,800 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

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The accommodation available as an optonal extra on a shorthold tenancy at a rental of £600 per month, comprises a SELF CONTAINED MAISONETTE over, FULLY DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprising: 3 Bedrooms (2 doubles, 1 single)

Location:

Situated end of parade, sought after residential area, SOUTH GLOUCESTERSHIRE LOCALITY City Centre

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £5,000/£5,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,000 p.w. (the vendor delivers to 7 account customers in the local area, including 1 hotel, nursing home, a Ford Motor dealer and 4 other establishments). Gross profit 20% approx. Post Office salary £32,000 p.a. approx.

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£20,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT Please note we understand the vendor will consider the sale of the freehold property at price to be agreed.

Trading hours:

Monday - Saturday inclusive - 6.30 a.m. - 7 p.m.
Sunday opening - 7.30 a.m. - 2 p.m.

Hours of opening in respect of the Sub Post Office Section -
Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 8.30 a.m. - 12.30 p.m.
NO SUNDAY TRADING

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.