Convenience Store for sale in South Wales

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, main road trading position, residential area, WEST GLAMORGAN, SOUTH WALES

WE ARE INFORMED the turnover averages £6,000/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £250/£300 p.w. Gross profit we are advised in the region of 20%/25%. Post Office income we understand in the region of £12,000 p.a. We understand that an external ATM machine is being installed in May, 2016, which will obviously provide further revenue.

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a rental of £10,000 p.a. exclusive of rates up to 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

Monday - Saturday inclusive - 8 a.m. - 8.30 p.m.
Sunday opening - 8 a.m. - 6 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTUrES & FITTINGS £65,000 plus STOCK AT VALUATION (£10,000/£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £65,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
Newsagents
Off Licences
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