Business for Sale in Residential Area RECOMMENDED: CONV STORE WITH OPTION TO BUY FAST FOOD OUTLET

Key Information

Reference

G33823J

Tenure

Freehold, Leasehold

Status

Sold

Region

Mid Glamorgan

Sector

Convenience Stores

Annual Sales

£575,000.00 Exc. VAT

Accommodation

No

Business Information

FREEHOLDS AVAILABLE FOR SALE INDIVIDUALLY OR AS A PACKAGE.... ALSO NOW AVAILABLE FOR SALE VIA BRAND NEW LEASEHOLD OPTIONS

EM&F are delighted to offer to the market this wonderful 2 property/Business proposition (offered Freehold individually or as a package, or Leasehold individually or as a package). Consisting of a lock up, single storey detached Convenience Store with lottery and alcohol licence and directly opposite a single storey detached Fast Food Outlet (also advised with alcohol licence) .

The 2 businesses which are both pretty much staff run are totally unopposed in the immediate vicinity and are positioned ideally for trade within a very large residential estate and enjoy year round, constant trade.

The Convenience Store enjoys easily achieved sales of over £10,000 per week and recent accounts show gross profits of well over £100,000 p.a. and very strong adjusted net profits. Our seller advises that the sales have been substantially higher in the past as he only now trades to suit his lifestyle/requirements. He feels that for more ambitious 'hands on' new owners there is strong development potential and even higher profits to be made.

The Fast Food outlet, has been fully refitted and equipped over the last year or so to offer what is an excellent Coffee Shop/Fast Food Snack Bar to the local community. Sales are already achieving £1,000+ per week & our seller advises that sales are continually improving.

Only now available due to a well earned wish to retire after 25+ very happy and indeed very profitable years of ownership, these businesses are highly recommended by us at EM&F and must be seen to be fully appreciated!

FREEHOLD OPTION:

CONVENIENCE STORE £185,000 ono TAKEAWAY £80,000 ono

LEASEHOLD OPTION:

CONVENIENCE STORE £80,000 ono WITH £12,000p.a. RENT

TAKEAWAY OUTLET £20,000 ono WITH £6,000p.a. RENT

EPC Rating: Not Required