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Asking Price
£145,000
Description
This is a extremely popular convenience store/off licence with excellent further potential.
The business, which has been established for over 37 years, has been in the proud ownership of the current vendors for 21 years and is only now being offered for sale to allow them to semi retire.
The business offers all the usual items you would expect to find in a Londis store, including:
- Newspapers and magazines (counter sales only)
- Beers wines and spirits
- Chilled sandwiches
- Dairy
- Cooked meats
- Fresh and frozen vegetables
- Toiletries
- Confectionery
- Cigarettes and tobacco
- Ice cream
- General household goods
- Small amount of hardware and DVD's
- Soft drinks
- Smokeless fuels
The store has one of only a few ATM machines locally and consequently has large volumes generated. They receive £0.35 per withdrawal for the first 1500 transactions per month and £0.65 for each one thereafter. The total monthly income for the ATM is between £1500 - £2000.
Included within the rent are two first floor apartments, which are both let at £600 per calendar month each.
In addition, they have a Pay Point facility, which accounts for between £5000 - £6000 per week of revenue.
The shop has a very good local reputation, which ensures weekly takings of £9000 from the shop are maintained.
We are advised that stock at cost is approximately £25,000.
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