Profitable Discount Store Selling Toiletries, Pre-packed Groceries, Dairy Produce, Confectionery, Soft Drinks, Household And Houseware Goods Etc. | | Undisclosed Essex | | Large Car Park at rear of parade for up to 50 cars. Spacious triple fronted SALES SHOP approx. 2,200 sq. ft. with tiled floor, suspended ceiling. The equipment includes modern adjustable shelving, centre display gondola, 2-12ft open cool display units, 1-16ft open display deep freeze, 2 electronic cash registers. CCTV system with 7 cameras, 2 monitors plus recording. Large stock area at rear approx. 600 sq. ft. with walk-in coldroom, baling machine (recently installed at a cost of 6,000 for compressing cardboard) Staff cloakroom with w.c. and wash hand basin | | ADVERT NUMBER : 16255 ADVERT IMPRESSIONS : 17,337 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Discount Stores | | SALE: | Agent Sale | LEASEHOLD: | £199950 | | | | | BUSINESS DETAILS: | Location Situated in a parade, large residential area, ESSEXOpening Hours Monday - Saturday inclusive 9 a.m. - 6 p.m.
NO SUNDAY TRADINGTurnover WE ARE INFORMED the turnover averages 15,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Gross profit 28% approx.Tenure We understand the premises are held on a secure renewable lease having approx. 17½ years unexpired at a rental of 20,000 p.a. exclusive of rates for the next 1½ years, with rent review at that time and thereafter every 4 years.
RECOMMENDED FOR EARLY INSPECTION
Uniform Business Rates: 10,000 p.a. approx.Price OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of 199,950 plus STOCK AT VALUATION (60,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff The business is at present operated by the vendor with the assistance of 3 full time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |