Convenience Store for sale in Lancashire

Lancashire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a terrace, busy road, residential area, LANCASHIRE

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering further potential to increase in the right hands.

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £14,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years. (Please note the vendor is also prepared to grant a shorter lease at terms and rent to be agreed).

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen with fitted units

Monday - Saturday inclusive - 8.30 a.m. - 11 p.m.
Sunday opening - 8.30 a.m. - 10 p.m.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£13,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION (£13,000 approx),
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £40,000
Tenure : Freehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
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