Property Information
Address:
Swindon, Wiltshire, SN1
, SN1
Price: Property no longer available.
Size: SOA
Primary Category: Commercial Property
All Categories:
Property Ref/Movehut: MH433948
Property Ref/Agent: G7218-Business for Sale
*Please use the agent ref when calling the agent directly.
Property description
SINGLE FRONTED SALES SHOP probably in the region of 43 sq. metres with non-slip floor, suspended ceiling with concealed lighting, modern adjustable shelving, large glass topped chest deep freezer, 3 open cool display units, counter, 1 till with EPOS scanning system etc. Stockroom
Shared toilet facilities Turnover WE ARE INFORMED the turnover averages 11,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 400 p.w. We are further advised that the gross profit is in the region of 25%. In addition the business is agents for on line national lottery scratch cards only which we understand provides a commission of approximately 40 p.w. The business also has Paypoint/Payzone which we understand provides a further commission of approximately 60 p.w. Staff At present operated by the vendor with the assistance of 1 full time 2 part time staff. Trading Hours Monday - Saturday inclusive - 7 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 6 .m. Tenure We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of 14,000 p.a. plus VAT exclusive of rates up to August, 2018 with rent to be agreed thereafter. Uniform Business Rates: 9,033 p.a. Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES FITTINGS 100,000 plus STOCK AT VALUATION (25,000/30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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