Convenience Store for sale in High Wycombe

High Wycombe, Buckinghamshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Excellent main road trading position, residential and commercial area, BUCKINGHAMSHIRE

WE ARE INFORMED the turnover currently averages £13,000/£14,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £200 p.w. We are further advised that the gross profit is in the region of 25% approx. The business also has Paypoint & we understand this provides a commission of approximately £60 p.w. The business also has lottery scratch cards. There is also a parcel collection & delivery point which we understand provides a commission of approximately £40 p.w.

WE UNDERSTAND the premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a current rental of £22,680 p.a. exclusive of rates up to December, 2015, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £9,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Monday - Saturday inclusive - 6 a.m. - 11 p.m.
Sunday opening - 7 a.m. - 10.30 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £147,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £147,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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