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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 7,629 TIME(S)
BUSINESS REFERENCE : G5115 / RightBiz

PROFITABLE SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE PLUS ON LINE NATIONAL LOTTERY.

 

 
Spacious double fronted sales shop approx. 800 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting, well equipped including modern adjustable shelving, 2 centre display gondolas, counter, electronic cash register, 4 upright glass fronted drinks fridges, 2 revolving card display stands (on loan), 2 large glass topped chest deep freezes, 1 glass topped ice cream deep freeze, CCTV system comprising 8 cameras, monitor and video etc. Stockroom Cloakroom with w.c. and wash hand basin.

BUSINESS LOCATION:

Undisclosed East Sussex UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

LEASEHOLD:

£99000
   
 
   

BUSINESS DETAILS:

Location Spacious end of terrace property, corner main road trading position, residential area overlooking open park to the front, EAST SUSSEX.Opening Hours Monday - Saturday inclusive - 9 a.m. - 9 p.m.
Closing 2 p.m. - 3 p.m. for lunch
Sunday opening - 9.30 a.m. - 4 p.m.Turnover WE ARE INFORMED the turnover averages 8,000 p.w. in our opinion offering tremendous potential for further increase, especially with the shop being opened earlier in the morning for the sale of newspapers. Wholesale newsbill 400 p.w. Gross profit 20% approx. In addition the business is agents for the sale of On Line National Lottery Tickets plus scratch cards and we understand that this provides an additional income of approx. 75 p.w.Tenure We understand the premises are held on a secure full repairing and insuring lease from a private landlord having 10 years full repairing and insuring lease at a rental of 14,000 p.a. exclusive of rates for the first 2 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 2,279 p.a. plus water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS PROPERTY COMBINED WITH PROFITABLE SELF SERVICE CONVENIENCE STORE, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 99,000 plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The spacious living accommodation, all in GOOD CONDITION, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING comprises:

5 bedrooms (4 doubles, 1 with built in wardrobes, 1 single with shower unit)
Bathroom with bath, w.c. and wash hand basin plus additional separate w.c.
Lounge
KitchenOutside Garage used for stock purposes at present. Covered yard with parking for 1 car.Staff The business is operated by a husband and wife team and no staff are employed.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G5115 / RightBiz

ENQUIRIES:

 
 
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