Convenience Store for sale in Ebbw Vale

Ebbw Vale, South Wales


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Residential area, SOUTH WALES

WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £350 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £20 p.w.

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £18,000 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.

Uniform Business Rates: £800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

The SPCAIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

4 Double Bedrooms
Bathroom with bath, separate shower, w.c. & wash hand basin
Additonal bathroom with bath, w.c. & wash hand basin
Large Lounge
Separate Dining Room
Kitchen with fitted units

7 a.m. - 10 p.m. seven days per week

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £55,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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