Convenience Store for sale in Berkshire

Berkshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, sought after residential area BERKSHIRE

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands & especially as the business is situated in an expanding area with many houses being built opposite, providing in our opinion furthre potential for the business. Wholesale newsbill £600 p.w. We understand the post office income at the present time is in the region of £14,000 p.a. (including the commission received from the sale of on line national lottery tickets plus scratch cards).

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 3 years unexpired at a current rental of £18,000 p.a. exclusive of rates, with rent revisions. We further understand the landlord will consider a surrender of the existing lease and subject to satisfactory references granting a new longer lease at terms and rent to be agreed.

Uniform Business Rates only £1,200 p.a. approx. (after small business relief)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2007 AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REDUCED FOR EARLY SALE

The accommodation with FULL GAS FIRED CENTRAL HEATING at present used by staff, comprises:

Ground Floor
Large Lounge/Bedroom
Kitchenette area
Shower room with shower, w.c. & wash hand basin

In addition on the second floor is a SELF CONTAINED FLAT also with FULL GAS FIRED CENTRAL HEATING (separate boiler), at present let on a shorthold tenancy & providing a rental income of £9,000 p.a. The FLAT comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Fitted Kitchen

Monday - Saturday inclusive - 6 a.m. - 7.30 p.m.
Sunday opening - 6 a.m. - 2 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £79,500
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Post Offices
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