Supermarket for sale in Waterlooville

Waterlooville, Hampshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, sought after residential area, HAMPSHIRE

WE ARE INFORMED the turnover currently averages £12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,500 p.w. Gross profit 21% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of £40/£50 p.w.

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £31,500 p.a. exclusive of rates for the next 3 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

The accommodation in the form of a SELF CONTAINED FLAT over comprises:

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

7 a.m. - 11 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 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: £130,000
Tenure : Leasehold
Status: Available
Sectors:
Newsagents
Off Licences
Supermarkets
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