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Spacious Freehold Drug Store Selling Chemist Sundries, Toiletries, Household Goods, Confectionery, Tobaco

Undisclosed Surrey
Situated in a parade, excellent trading position, densely populated residential estate, SURREY
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 53174
ADVERT IMPRESSIONS : 11,716 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Discount Stores
SALE: Agent Sale

FREEHOLD:

£450000
 

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BUSINESS DETAILS:

Features : Restricted Car Parking in front of parade plus Car Parks (Pay & Display daytime)

Established by the present owner approximately 33 years ago, in our opinion the business offers tremendous potential for further increase. Alternatively in our opinion the premises offer tremendous potential for other types of trades, if desired.

Electric shutters to SPACIOUS DOUBLE FRONTED SALES SHOP approx. 950/1,000 sq. ft. sales area with parquet flooring, fluorescent lighting. The equipment includes display shelving, centre display gondolas, 2 upright double door glass fronted drinks display fridges (1 on loan from Coca Cola whilst the other is on loan from Pepsi Cola), 1 upright single door drinks display fridge (on loan from Lucozade), counter, electronic cash register etc.

Stairs to large basement ideal for storage purposes

Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade, excellent trading position, densely populated residential estate, SURREY

Opening Hours : Monday - Saturday inclusive - 9.30 a.m. - 5.30 p.m.
Sunday opening - 10.30 a.m. - 3.30 p.m.

Turnover : WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 22/24% approx.

Tenure : Uniform Business Rates: £6,206.75 p.a.

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 33 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £450,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Accommodation : The accommodation in the form of a SELF CONTAINED MAISONETTE over is at present let on a shorthold tenancy and provides a rental income of £750 per month, however, we understand vacant possession can be given on completion, if required. The Maisonette has DOUBLE GLAZING plus FULL GAS FIRED CENTRAL HEATING and comprises:

First Floor
Kitchen with fitted units
Large Lounge/Dining Room

Second Floor
3 Bedrooms (2 large doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin

Outside : To the rear of the property is land, included in the sale, approx. 150 ft. long. It will be appreciated upon inspection that there is potential to extend the shop at rear, subject to the necessary planning permission, if desired.

Staff : At present operated by the owners
   
  FOR SALE
   

REFERENCE:

M3148 / RightBiz
   
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ENQUIRIES:

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