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Self Service Convenience Store, News, Confectionery, Tobacco, Full Free Off Licence National Lottery for Sale

Somerset


2 bedroom

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.

Accommodation: 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
Large Lounge
Fitted Kitchen

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.
 
Tenure: 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
 
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268 Advert ID 47260    Sellers Ref : G7421/BSOL

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