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

Sought after residential area, with 2 schools nearby, SOUTH OXFORDSHIRE LOCALITY close to the BERKSHIRE BORDERS

WE ARE INFORMED the turnover currently averages £10,000/£11,000 p.w. in our opinion offering further potential to increase, especially with additional opening hours. Wholesale newsbill £1,900 p.w. Gross profit 20% approx. The business is also agents for the sale of on line national lottery tickets plus Paypoint & we understand this provides an overall commission of approximately £70 p.w. We are further advised that the sales year ending 31st July, 2014 showed £457,758 with a gross profit of £77,551 (including commission received of £3,252).

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 4 years unexpired at a rental of £22,000 p.a. exclusive of rates.

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 16 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REALISTICALLY PRICED FOR EARLY SALE

The accommodation in the form of a SELF CONTAINED FLAT over, all in GOOD CONDITION, DOUBLE GLAZED & WITH FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Half tiled bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge
Fitted kitchen

(It should be noted that in the detached property there is an additional self contained flat which is not included in the lease and is let by the landlord separately)

Monday - Saturday inclusive - 6.45 a.m. - 7 p.m
Sunday opening - 7 a.m. - 4 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£25,000/£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £130,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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