Self Service Convenience Store, News, Confectionery, Tobacco, Full Free Off Licence National Lottery for Sale
Leasehold : £ 89,500
Turnover : £ 7,000 p.w.
Situated in a sought after residential area with 2/3 schools close by, BRISTOL
Turnover: £7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £850/£900 p.w. We are further advised that the gross profit is in the region of 22%. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £100 p.w. The business also has Paypoint which we understand provides a further revenue of £30/£40 p.w. The business also has Western Union which we understand provides a further revenue of approximately £30/£40 per month. We are further advised that the overall commission from the sale of on line national lottery tickets plus scratch cards, Paypoint & Western Union is in the region of £7,500 p.a.
||The accommodation in the form of a SELF CONTAINED FLAT over (plus with internal access from the shop), has NIGHT STORAGE HEATING & comprises:
2 Bedrooms (1 large double, 1 additional double)
Bathroom with bath, w.c. & wash hand basin
We understand that if the accommodation was not required for personal use, there is potential to let the accommodation on a shorthold tenancy to provide a rental income of £700/£750 per month.
||TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION (£20,000/£25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT