Warwickshire Convenience Store & Full Free Off Licence For Sale

Business description

SPACIOUS DOUBLE FRONTED SALES SHOP with in & out door approx. 850 sq. ft. sales area with quarry tiled floor, fluorescent lighting. The equipment includes modern adjustable shelving, 3 large glass topped chest deep freezes, 2 small glass topped chest deep freezes, large open cool display unit (used for sandwiches and dairy produce), 2 double door drinks display fridges (used for beers and wines), open cool display unit (on loan from Coca Cola), upright glass fronted drinks display fridge (owned), counter, electronic cash register, cigarette gantry (on loan) etc.

Rear stockroom
Kitchen area
Staff w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a new 9 years lease from the 1st May, 2007 from a private landlady at a rental of £11,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 13 YEARS AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S ILL HEALTH AND RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Living accommodation:

The SELF CONTAINED accommodation, DOUBLE GLAZED, comprises: 1 Double Bedroom In addition there are stairs to an attic area, which in our opinion has potential for a second bedroom Shower room with shower, w.c. and was hand basin Large Lounge Kitche

Location:

Situated in a parade, main road trading position, WARWICKSHIRE

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £450 p.w. Gross profit 20% approx.

Reasons for selling:

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £39,995 plus STOCK AT VALUATION (£20,000/£25,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

7 a.m. - 9 p.m. seven days per week

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.