Cupid Homes are pleased to offer this convenience store situated on a main road location ,the business is long established and has been under the ownership of our client since mid 2006, seeing significant time and capital investment since this date. the business has counter news sales and a retail proposition that includes some grocery and convenience lines, household products, confectionery, stationery, tobacco and off licence The business also has a Payzone terminal to attract increased footfall.
# Extemely Well Established For Over 60 Years.
# Scope To Introduce Newspaper Delivery To Increase Trade
# Turnover Averages £3500/£4000 p.w.
# Room To Extend The Shop Area
# Double Fronted Sales Shop-Main Road Location
# Currently Run By Lady Owner- With Help From Husband
# Off Licence - Soft Drinks-News- Convenience goods-
# Advice And Training available For Buyer
# Accommodation Included-Would Suit Husband & Wife Team
# There arn't any real threats to the business
SPACIOUS DOUBLE FRONTED SALES SHOP sales area, electric shutters, well equipped including modern adjustable shelving, 2 large glass topped chest display deep freezers, 2 open dairy cabinets for drinks display , 1 additional cool display units (owned and used for dairy produce and milk whilst the other is used for wines , beers,soft drinks, etc), centre display gondolas, counter, electronic cash register, cigarette gantry , ice cream deep freezer, magazine display shelving, CCTV , monitor plus recording, tiled floor, suspended ceiling with lighting plus a large storage area (Rear of the shop) Can be extended. There is also 2/3 bed flat with the business in the form of a SELF CONTAINED FLAT over and is rented out at present producing rental income of £450 per month. ( Same tenant for last three years and is willing to stay on if flat not required) The accommodation has FULL GAS FIRED CENTRAL HEATING, comprises: 2 Double Bedrooms 1 Single , Bathroom with bath, w.c. and wash hand basin , and is available if required - Lease terms: We understand the premises are held on a secure renewable lease having approximately 3 years unexpired at a current rental of £9500 p.a. exclusive of rates for the next 3 years after that the lease is fully renewable , It will be appreciated that with the rental income of £5400 p.a. (produced from the flat) the net rental payable at the present time is only £ 4100 p.a. exclusive of rates.
- We are informed the takings are : £3500 /4000 per week
- Asking Price : £39000 including goodwill,fix & fittings - Stock At Valuation
Uniform Business Rates: £ 3600 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION--The business - Location: Situated in a parade, excellent main road trading position, residential area, Leicester
|
