Convenience Store for sale in Herefordshire

Herefordshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

First shop busy road, residential area, HEREFORDSHIRE whilst the second shop approximately 1½ mile away is situated in a parade, close to school & town centre, HEREFORDSHIRE

Shop No. 1. 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 providies a commission of approximately £100

Shop No. 2. WE ARE INFORMED the turnover averages £7,500/£8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £850 p.w. Gross profit in the region of 24%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £110 p.w.

DOUBLE FRONTED SALES SHOP in the region of 700 sq. ft. sales shop with tiled floor, fluorescent lighting & well equipped including counter, 1 till with EPOS scanning system, ice cream deep freezer, 1 upright double door glass fronted display fridge (used for milk & sandwiches), 3 double door glass fronted display fridges (1 on loan, 2 owned), modern adjustable shelving etc.

Stockroom
Large kitchen
Staff w.c. & wash hand basin

Shop No. 1. We understand the premises are held on a secure renewable lease, the present lease having approximately 4 years unexpired at a rental of only £12,600 p.a. exclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Shop No. 2. We understand the premises are held on a secure renewable lease, the present lease having 15 years unexpired at a rental of £15,000 p.a. exlusive of rates, fixed for the entire term of the existing lease.

Uniform Business Rates: Nil payable after small business relief

REALISTICALLY PRICED FOR EARLY SALE

RECOMMENDED FOR EARLY SALE

Shop No. 1.
Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 6 p.m.

Shop No. 2.
Monday - Friday inclusive - 6 a.m. - 6 p.m.
Saturday opening - 6.30 a.m. - 6 p.m.
Sunday opening - 8 a.m. - 1 p.m.
It will be appreciated upon inspection there is potential for additional opening hours, if desired.

TO INCLUDE THE TWO LEASES, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION (in the region of £25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £69,500
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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