Spacious Superbly Fitted Self Service Convenience Store, In-store Bakery, Full Free Off Licence | | Undisclosed Berkshire | | Situated in a parade, excellent main road trading position, residential area with a park opposite and University nearby, BERKSHIRE | | ADVERT NUMBER : 39164
ADVERT IMPRESSIONS : 24,647 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £145000 | | | | | BUSINESS DETAILS: | Features : IMPRESSIVE & SPACIOUS SALES SHOP in the region of 1,200 sq. ft. sales area. Refitted in 2005 at considerable expense. Ceramic tiled floor, suspended ceiling, counter, 2 tills with EPOS scanning, 1-3.75m cool display unit (used for dairy produce and milk etc), 1-2m cool display unit (used for sandwiches and pies etc), 1 additional cool display unit (used for vegetables), 1-2m cool display unit (used for wines), 1 additional 2m cool display unit (used for beers), modern adjustable shelving, display gondolas, 2 large sliding topped display deep freezes, Bake-off oven (on loan). CCTV system with 8 cameras plus monitor and recording.Large stockroom at rear, 2 Walk-in coldrooms, 4 chest deep freezesStaff cloakroom with w.c. and wash hand basin Kitchen areaOfficeStaff roomLocation : Situated in a parade, excellent main road trading position, residential area with a park opposite and University nearby, BERKSHIREOpening Hours : 8 a.m. - 11 p.m. seven days per weekTurnover : WE ARE INFORMED the turnover averages £10,000/£11,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit 24/25% approx. In addition the business has an ATM machine and we understand this provides a commission of approx. £150 per month.Tenure : We understand the entire premises are held on a secure renewable lease for a period of 15 years from the 29th March, 2009 at a rental of £26,500 p.a. exclusive of rates up to the 29th March, 2012, with rent review at that time and thereafter every 3 years. (As will be appreciated with the current rental income from the accommodation at present at £14,400 p.a. the net rental payable at the present time is only £12,100 p.a. exclusive of rates).Uniform Business Rates: £7,396 p.a. + water ratesOUTSTANDING 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 INCREASE IN THE RIGHT HANDS.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION (£40,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The SPACIOUS SELF CONTAINED accommodation at present let as separate rooms on shorthold tenancies and provides a rental income of £1,200 per month, however, we understand vacant possession can be given on completion if required. The SPACIOUS living accommodation, DOUBLE GLAZED, FULL GAS FIRED CENTRAL HEATING and all in GOOD CONDITION, comprieses:5 Bedrooms (4 doubles, 1 single)Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basinAdditional cloakroom with w.c. and wash hand basin Living room areaSeparate fitted kitchenOutside : Yard at rearStaff : The business is at present operated by a lady vendor with the assistance of her husband and son on a part time basis plus 2 part time staff and 1 additional casual staff when required. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
