Profitable Detached Self Service Stores, Counter News, Confectionery, Tobacco, Full Free Off Licence | | Undisclosed Suffolk | | Main road trading position, residential area, SUFFOLK | | ADVERT NUMBER : 46997
ADVERT IMPRESSIONS : 20,990 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | FREEHOLD: | £375000 | LEASEHOLD: | £79000 | | | | | BUSINESS DETAILS: | Features : SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 1,200 sq. ft. sales area. Recently newly fitted. Ceramic tiled floor, suspended ceiling with concealed lighting. The equipment includes counter, 2 electronic cash registers, 4 glass topped chest deep freezes, ice cream deep freeze (owned), 2 open cool display units, 3 upright double door glass fronted drinks display fridges (owned) etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Location : Main road trading position, residential area, SUFFOLK
Opening Hours : Monday - Saturday inclusive - 7 a.m. - 10 p.m.
Sunday opening 8 a.m. - 9 p.m.
Turnover : WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £250/£300 p.w. Gross profit 20% approx.
Tenure : The vendor owns the freehold and is prepared to grant in respect of the shop with accommodation over, subject to satisfactory references, a new 20 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Should the accommodation not be required, the vendor is prepared to grant, subject to satisfactory references, a new 20 years full repairing and insurng lease in respect of the shop only at a rental of £12,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £3,500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £79,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £375,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over, with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units
(We understand that planning permission has been granted to convert the accommodation into 2 1 bedroom flats, if desired).
Outside : Paved Garden
Staff : The business is at present operated by the vendor with the assistance of his father plus family help. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
