Convenience Store for sale in Somerset

Somerset


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Sought after village SOMERSET

WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,000 p.w. Gross profit 24% approx. Community post office salary £19,000 p.a. approx.

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

The SPACIOUS living accommodation with ELECTRIC NIGHT STORAGE HEATING, comprises:

First Floor
4 Bedrooms (2 doubles, 2 singles)
Bathroom with bath, w.c. & wash hand basin
In addition there is a shower room with shower, w.c. & wash hand basin
Large Lounge

Ground Floor
Additional Lounge plus kitchen

Monday - Friday inclusive - 7 a.m. - 6 p.m.
Saturday opening - 7 a.m. - 12 noon
Sunday opening - 9 a.m. - 12 noon

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION (£30,000/£35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £110,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Post Offices
Supermarkets
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