Convenience Store for sale in Derby

Derby, Derbyshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated densely populated residential area, DERBYSHIRE

WE ARE INFORMED the turnover averages £11,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 20% approx. The business also has Paypoint and we understand this provides a further revenue of approximately £30/£40 p.w.

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £30,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £2,500 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

The SPACIOUS family living accommodation, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

First Floor
Large Lounge
Large Fully Fitted Kitchen/Breakfast room
Master Bedroom with en suite bathroom with bath, shower over bath, w.c. and wash hand basin
1 Additional Large Double Bedroom with en suite shower room with shower, w.c. and wash hand basin
2 Additional Double Bedrooms

Second Floor
2 Further Double Bedrooms

It will be appreciated upon inspection that there is potential for the accommodation to be converted into 2 separate flats, if desired, and in our opinion could readily be let to provide a rental income, if required.

Monday - Friday inclusive - 8 a.m. - 10 p.m.
Saturday & Sunday - 9 a.m. - 10 p.m.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR OFFERS TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £530,000 plus STOCK AT VALUATION (£30,000/£35,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £99,500
Tenure : Freehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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