Convenience Store for sale in Lincolnshire

Lincolnshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Residential area LINCOLNSHIRE

WE ARE INFORMED the turnover averages £9,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £400 p.w. In additon the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £75 p.w.

We understand the premises are held on a secure renewable lease for a period of 20 years from October, 2015 at a rental of only £3,900 p.a. exclusive of rates up to October, 2020, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

To the rear of the shop is SMALL ACCOMMODATION, comprising:

Bedsitting room plus shower room with shower, w.c. & wash hand basin

6 a.m. - 9 p.m. seven days per week

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 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: £100,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
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