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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 8,530 TIME(S)
BUSINESS REFERENCE : G5203 / RightBiz

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

 

 
No parking restrictions. Customer's car parking in front of parade for approx. 15 cars. New shop front approx. 2 years ago. Approx, 2,000 sq. ft. sales area with tiled floor, new suspended ceiling, 2 large air conditioning/heating units. The shop is well equipped including counter, 2 electronic cash registers, 1 electronic scales, 1-4m open cool display unit, upright double door glass fronted drinks display fridge (on loan from Lucozade), upright sliding double door glass fronted drinks fridge (owned), 1 upright single door drinks display frdige (owned), 2 large glass topped chest display deep freezes, 1 large open ice cream deep freeze, 2 open cool display units (both on loan from Coca Cola), upright double door cool display unit, 3 greeting card display stands (on loan), 2 revolving card display stands (on loan), magazine display shelving etc. Large stockroom at rear Walk-in coldroom 2 Staff Cloakrooms

BUSINESS LOCATION:

Undisclosed East Sussex UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

LEASEHOLD:

£235000
   
 
   

BUSINESS DETAILS:

Location Situated in a parade, busy road, sought after residential area, EAST SUSSEXOpening Hours Monday - Saturday inclusive - 6 a.m. - 9 p.m.
Sunday opening - 6 a.m. - 8 p.m.Turnover WE ARE INFORMED the turnover averages 15,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale news bill 1,200 p.w. Gross profit 22% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand that this provides a commission of approximately 70 p.w.Tenure We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of 22,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 7,000 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 235,000 plus STOCK AT VALUATION (30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING comprises:

3 Bedrooms (2 doubles, 1 single)
Shower room with shower, w.c. and wash hand basin
Large Lounge
Fully Fitted KitchenOutside Service area at rear with large garageStaff The business is at present operated by a husband and wife team with the assistance of their son plus 2 full time and 3 part time staff. 4 morning newsboys employed. Delivery charge 1.10 p.w.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

G5203 / RightBiz

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