In order to contact the buyer/seller, you must be a registered user of the site and must be logged in

Retail

Convenience Stores

Advent Business Sales have been instructed to offer for sale this quality well established profitable concern. It has been trading successfully for 50+ years with the current vendor at the helm for some 20 years. This splendid opportunity has arisen as the vendor wishes now to retire at the age of 70. The business operates on lines of a supermarket and Post Office, offering all the normal goods for sale and Post Office services including: Cigarettes and tobacco Beer, wines and spirits Confectionery, snacks and crisps Frozen foods Ice cream and tinned foods Ladies tights etc Our client is an agent for Camelot and offers the Lottery. The surrounding villages use the Post Office and store on a regular basis. Many have expressed their wishes for newspaper deliveries. EXPANSION POTENTIAL There is enormous scope to take advantage of the alcohol licence by extending the closing time, which is currently 7pm during the week, 5pm on Saturday s and 1pm on Sunday. TRADING HOURS Mon Fri: 7.00am 7.00pm Sat: 8.00am 5.00pm Sun: 8.00am 1.00pm FINANCIAL INFORMATION We have been advised by the vendor of the following: 2005 a/c s: 328,841 ex VAT Gross Profit: 96,450 inc PO salary PO Salary: 21,346 Net Profit: 70,000 including wages Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES A detached property briefly comprising: Ground Floor Entrance Counter with cigarette gantry to rear Lottery point Good standard of racking and shelving throughout Counter secure Post Office Storage to rear Small office Gardens Double garage with secure private car parking to rear The sales area is approx 1000 sq ft First Floor Fully fitted kitchen/diner Delightful lounge Main double bedroom with fitted wardrobes Bathroom/shower and separate w/c Second double bedroom Third double bedroom with built in wardrobes External To the front side of the property are approx 6 dedicated car parking spaces for customers TENURE: Leasehold with first refusal to purchase freehold Current Lease: 21 years Lease Remaining: 2 years Review every: 5 years Annual Rent: 15,000 Landlord will give a new 12 year lease We are advised that the annual business rates are currently: 3,820

In order to contact the buyer/seller, you must be a registered user of the site and must be logged in