Convenience Store for sale in St Neots

St Neots, Cambridgeshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, excellent trading position, sought after town, CAMBRIDGESHIRE

WE ARE ADVISED that the turnover is currently in the region of £14,000 p.w. Wholesale newsbill £300 p.w. Gross profit 18% approx. We understand the on line national lottery was installed in approximately April, 2015 & we understand the commission from on line national lottery & scratch cards is in the region of £90 p.w. The business also has Paypoint.

The vendor owns the freehold and is prepared to grant subject to satisfactory references a new 25 years full repairing and insuring lease in respect of the shop premises at a rental of £10,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years. (Please note the vendor is also prepared to grant a shorter lease, if desired).

Uniform Business Rates: £3,204 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Available as an optional extra is a SELF CONTAINED FLAT available on a shorthold tenancy at a rental of £475 per month. The SELF CONTAINED FLAT DOUBLE GLAZED & with GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 8 a.m. - 8 p.m.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £87,500 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £87,500
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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