Costcutters, Belfast

Additional Information

This thriving easily run local mini-supermarket business presents an incredible opportunity for an owner manager to acquire a simply operated business which has the potential to provide a very lucrative livelihood for the new owner.The leasehold interest, goodwill, fixtures and fittings are being sold with the option of acquiring the stock at a further agreed valuation at the date of transfer. It also gives a new owner the possibility of providing a number of worthwhile flexible jobs for close family members and therefore keeping even more of the profits in the family. In an economic downturn good profitable cash businesses are a valuable asset. This business is still growing and could be developed further by a keen new owner. The dense residential area surrounding and the close proximity of Clonard Monastery provide a continual flow of business. Overheads are very modest. The lease is for 10 years with the option of another 10 years. There is a rent review at the end of first 5 years (in approx. 4 years time). The current passing rent is a modest £250 per week. The rates are approx. £3,000 per year, which is very reasonable for such a good business. Figures available to genuine parties only. Offers in the region of £150,000 for leasehold interest, goodwill, fixtures and fittings.

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