Property Information
Address:
Swindon, Wiltshire, SN1
, SN1
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH448376
Property Ref/Agent: C8371-Business for Sale
*Please use the agent ref when calling the agent directly.
Property description
SINGLE FRONTED SALES SHOP probably in the region of 500 sq. ft. sales area with tiled floor, suspended ceiling with fluorescent lighting. Counter, 2 tills with EPOS scanning system, cigarette gantry (on loan), ice cream deep freezer, 1-3.75m open cool display unit (used for wines, beers soft drinks). CCTV system with 9 cameras, monitor plus recording. Small stockroom
Staff w.c. wash hand basin Turnover WE ARE INFORMED the turnover averages 6,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 1,100 p.w. We are further advised that the gross profit is in the region of 20%. In addition the business has on line national lottery we understand this provides a commission of approximately 180 p.w. Staff The business is at present operated by the vendor (3 days per week) with the assistance of 1 full time 2 part time staff. 4 morning newrounds. Delivery charge 2 p.w. (some old customers remain paying only 65p p.w). Trading Hours Monday - Thursday inclusive - 5.30 a.m. - 8 p.m.
Friday, Saturday - 5.30 a.m. - 9 p.m.
Sunday opening - 5.30 a.m. - 1.30 p.m. Tenure The vendors own the freehold and subject to satisfactory references are prepared to grant a new 16 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 4 years, with rent review at that time and thereafter every 4 years. PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED REDUCED FOR EARLY SALE Price TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES FITTINGS 50,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT Alternatively the vendors own the freehold and are prepared to grant in respect of the ground floor shop premises a new 999 years lease at a Peppercorn Ground Rent, fixed for the entire period. PRICE TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY, GOODWILL, FIXTURES FITTINGS 199,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
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