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Business for sale in United Kingdom - 8881ln lincolnshire f/h 275000/l/ 99950 convenience store/off licence

Asking Price: 275,000 £ Real Estate: Ownership
Sales Revenue: 0 £
Net Profit: 0 £
Year Established: 1996
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Lincolnshire/Lincoln

Business types:

Retail

Business categories:

Food & Beverages

Business description

Advent Business Sales are delighted to offer for sale this extremely well established traditional convenience store, which has been trading for almost a century. The current vendor has been in ownership for over 12 years. The owner has now decided to sell due to retirement expectations. The going concern is run on the lines of a traditional convenience store. It is well stocked with comprehensive ranges including: Beers, wines and spirits Cigarettes and tobacco Chilled, frozen and convenience foods Confectionery and sweets Fruit and vegetables Stationery and greetings cards Toiletries and household items The owner has shown us plans drawn up by Londis head office with regards to projected sales after a 46,000 Londis refurbishment programme. Sales are projected to grow to 15,000. The vendor is willing to pay for the refurbishment if a new owner purchases the leasehold at a goodwill of 99,950 with an annual rental of 12,000 with a 5 year lease.

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: sell due to retirement expectations.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 £
Location: Our client is located on a busy main road prominent corner position within a market town within Lincolnshire. It lies approximately 16 miles from Mablethorpe and 23 miles from Skegness. There are two customer car parking spaces to the front.

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