Convenience Store for sale in Northumberland

Northumberland


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, residential area, EAST YORKSHIRE

WE ARE INFORMED the turnover averages £11,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £700 p.w. Gross profit 20% approx.

We understand the premises are held on a secure renewable lease, the present lease having aproximately 9 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.

Uniform Business Rates: £2,700 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Fitted Kitchen

Monday - Saturday inclusive - 6 a.m. - 10 p.m.
Sunday opening - 9 a.m. - 9 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION (£25,000/£30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £90,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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