Superbly Fitted Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence | | Undisclosed Essex | | Situated in a parade, busy road, densely populated residential area, ESSEX | | ADVERT NUMBER : 53049
ADVERT IMPRESSIONS : 8,195 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £110000 | | | | | BUSINESS DETAILS: | Features : Electric shutters to SPACIOUS SALES SHOP 800 sq. ft. approx. we understand all newly fitted appox. 4 years ago with tiled floor, fluorescent lighting. 2 air conditioning units. Fully equipped including 2-3.75m open cool display units (1 used for wines and beers whilst the other is used for milk and soft drinks), 2 large glass sliding topped chest display deep freezes, counter, electronic cash register, ice cream deep freeze (owned), modern adjustable shelving, magazine display shelving. CCTV system with 8 cameras plus monitor etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, busy road, densely populated residential area, ESSEX
Opening Hours : Monday - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 8 a.m. - 10.30 p.m.
Turnover : WE ARE INFORMED the turnover averages £11,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 20% approx. In addition the business sells bus passes plus Oyster cards and we are informed this provides a commission of approx. £80 p.w. In addition the business has Paypoint and we understand this provides a further commission of approx. £80 p.w. There is also an ATM machines (on loan) and we understand this provides a further revenue of approx, £800 per month.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 21 years unexpired at a rental of £10,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £2,750 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION (£25,000/£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Yard at rear with parking space for 1 car
Staff : The business is at present operated by 2 partners with the assistance of 1 full time and 1 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
