Newly Fitted Self Service Convenience Store, Full Free Off Licence | | Undisclosed Hampshire | | Outstanding opportunity to acquire a newly fitted Self Service Convenience Store specialising in mainly ethnic foods, including Sri Lankan, Asian, African, South African, in addition there is some butchery and English food sold. Electric Shutters to IMPRESSIVE SALES SHOP total sales area of approx. 3,000 sq. ft. all newly fitted and refurbished. Tiled floor, suspended ceiling with concealed lighting. 2 tills plus EPOS scanning system, modern adjustable shelving, centre display gondolas, 6 sliding glass topped display deep freezes, 3 open cool display units, 1 open drinks display fridge (on loan from Coca Cola), 1 small open cool display unit (on loan from Coca Cola), 2 cool display serveover counters for meat, 2 walk-in coldrooms for meat, 1 walk-in coldroom for fruit and vegetables, 1 walk-in deep freeze, 5 electronic scales, 100 kg. electric scales, 2 butchers blocks, 2 bandsaws etc. Stockroom/office Staff cloakroom with w.c. and wash hand basin | | ADVERT NUMBER : 26132 ADVERT IMPRESSIONS : 46,024 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £275000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, excellent trading position, HAMPSHIREOpening Hours 6 a.m. - 10.30 p.m. seven days per weekTurnover We understand the business was opened in August, 2008 and the turnover is currently in the region of £18,000/£20,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit 24% approx. In addition the business has a Money Gram Franchise for money transfer which we understand provides a commission of approx. £200 p.w. The business also has an agency for Air Tickets being a sub agent from Britson Travel and we understand this provides a commission currently of between £900/£1,000 per month. A Mail Box Franchise has recently been added to the business at a cost of £25,000, in our opinion there is tremendous potential for development of this side of the business.Tenure We understasnd the premises are held on a secure renewable lease for a period of 15 years from February, 2008 at a rental of £25,500 p.a. exclusive of rates up to February, 2013, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £12,000 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED SELF SERVICE CONVENIENCE STORE COMBINED WITH FULL FREE OFF LICENCE WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £275,000 plus STOCK AT VALUATION (£70,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff The business is at present operted by the owners with the assistance of 4 full time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |