Convenience Store for sale in Port Talbot

Port Talbot, South Wales


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, busy road, residential & industrial area plus opposite Rugby Club, WEST GLAMORGAN, SOUTH WALES

WE ARE INFORMED the turnover averages £7,500/£8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £450 p.w. We understand from the present owner that one could apply for the agency for the sale of on line national lottery tickets, obviously this is subject to the company agreeing.

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £10,800 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: We understand nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

To the rear of the shop & with FULL GAS FIRED CENTRAL HEATING, comprises:

1 Double Bedroom
Shower room with shower, w.c. & wash hand basin
Living room

Monday - Saturday inclusive - 5.30 a.m. - 11.30 p.m.
Sunday opening - 5.30 a.m. - 11 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £50,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
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