Convenience Store for sale in Hereford

Hereford, Herefordshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Busy road, residential area, HEREFORDSHIRE

WE ARE INFORMED the turnover currently averages £8,500 p.w. in our opinion offering terrific potential for further increase in the right hands. Wholesale newsbill £750/£800 p.w. Gross profit 21% 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 approx. £100 p.w.

We understand the premises are held on a secure renewable lease, the present lease having approximately 4 years unexpired at a rental only £12,600 p.a. exclusive of rates, fixed for the remainder of the term. We understand the landlord, subject to satisfactory references, is prepared to grant a longer lease at terms and rent to be agreed.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 6 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £37,950 plus STOCK AT VALUATION (£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £37,950
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Newsagents
Off Licences
Supermarkets
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