Superbly Fitted Self Service Convenience Store, News, Confectionery, Tobacco, Greeting Cards, Stationery, Full Free Off Licence Plus On Line National | | Undisclosed Essex | | Situated in a parade residential area, ESSEX | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 53249
ADVERT IMPRESSIONS : 10,493 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £149000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Electric Shutters to SPACIOUS SALES SHOP approx. 16' 6' frontage x 30' depth plus an additional area 10' 6' x 8' 6' all refitted approx. 6 months ago. Industrial non-slip floor, suspended ceiling with lighting, air conditioning unit, 3 glass topped chest deep freezes, 7' 5' slimline open cool display unit, 2 sliding double door glass topped glass fronted display fridges, modern adjustable shelving, centre display gondola, photocopier. CCTV system with 12 cameras, monitor etc.
Large stockroom approx. 13' 4' x 10' 3' with shelving, 2 storage fridges, 1 chest deep freeze
Kitchen
Staff w.c.
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade residential area, ESSEX
Opening Hours : Monday - Saturday inclusive - 6.30 a.m. - 10.30 p.m.
Sunday opening - 7 a.m. - 9 p.m.
Turnover : WE ARE INFORMED the turnover averages £10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,000 p.w. We are advised the gross profit is in the region of 25%/28% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approx. £100 p.w. The business is also agents for Oyster and we understand this provides a further revenue of approx. £150 p.w. In addition the business has Paypoint which we understand provides a further revenue of aprox. £280 per month. There is also an ATM machine which we understand provides a further income of approx. £100 per month.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £14,400 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,200 p.a. approx. + water rates
OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED SELF SERVICE CONVENIENCE STORE COMBINED WITH FULL FREE OFF LICENCE WHICH IN OUR OPINION HAS FURTHER POTENTIAL TO INCREASE IN THE RIGHT HANDS.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £149,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Rear yard with parking
Staff : The business is at present operated by a husband and wife team with the assistance of 1 full time and 2 part time staff. 4 newsrounds. Delivery charge £150 p.w. | | | | | | FOR SALE | | | | | REFERENCE: | G5811 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
