Convenience Store for sale in Middlesex

Middlesex


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated sought after residential area, MIDDLESEX/BERKSHIRE BORDERS

WE ARE INFORMED the turnover averages £6,000/£6,500 p.w. in our opinion offering tremendous potential for further development in the right hands. Wholesale newsbill £200 p.w. We are further advised that the gross profit is in the region of 26%. 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 £80 p.w.

The vendors own the freehold and is prepared to grant, subject to satisfactory references, a new 20 years full repairing and insuring lease in respect of the shop premises at a rental of £14,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter 5 years. (Please not the vendors are also prepared to discuss a shorter lease, if desired).

Uniform Business Rates: Nil payable after full relief

EPC Rating E (118)

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 30 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Available as an optional extra is a SELF CONTAINED GROUND FLOOR FLAT available on a shorthold tenancy at a rental in the region of £700 per month plus gas & electric bills. The SELF CONTAINED FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

1 Double Bedroom
Shower room with shower, w.c. & wash hand basin
Small Lounge
Large fully fitted kitchen

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

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £60,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Newsagents
Off Licences
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