Convenience Store for sale in Swansea

Swansea, South Wales


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Residential area, close to large hospital plus 2 schools, SOUTH WALES

WE ARE INFORMED the turnover averages £11,500/£12,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Wholesale newsbill £600 p.w. Gross profit in the region of 24%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £50 p.w. The business also has Paypoint.

We understand the premises are held ona secure renewable lease, the present lease having approximately 18 years unexpired at a rental of £25,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £5,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

8 a.m. - 9 p.m. seven days per week

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION (£30,000/£40,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £79,500
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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