Convenience Store for sale in Lincoln

Lincoln, Lincolnshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade of 3 shops, unopposed position, residential village, LINCOLNSHIRE

WE ARE INFORMED the turnover currently averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £650 p.w. Gross profit 20% approx. The business has recently had installed an on line national terminal.

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 3 years unexpired at a rental of £12,000 p.a. exclusive of rates.

Uniform Business Rates: £5,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 8 a.m. - 7 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £30,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
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