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Related Ads > Essex Business for Sale > Convenience Stores to Lease > Convenience Stores in Essex for Sale 

Spacious Well Equipped Self Service Convenience Store, Videos, Full Free Off Licence

Undisclosed Essex
Situated in a parade, main road trading position, densely populated residential area, ESSEX
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 56300
ADVERT IMPRESSIONS : 8,504 TIME(S)

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

LEASEHOLD:

£275000
 

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BUSINESS DETAILS:

Features : IMPRESSIVE DOUBLE FRONTED SALES SHOP with electric double doors approx. 2,500 sq. ft. sales area. Well fitted, suspended ceiling with fluorescent lighting. 4 glass topped chest display deep freezes, 1 upright glass fronted display deep freeze, 2-12ft cool display open units, modern adjustable shelving, counter, EPOS scanning system with 2 tills etc.

Stockroom at rear plus walk-in coldroom

Staff cloakroom with w.c. and wash hand basin

Large basement used for storage purposes

Location : Situated in a parade, main road trading position, densely populated residential area, ESSEX

Opening Hours : 24 hours per day seven days per week

Turnover : WE ARE INFORMED the turnover averages £25,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 20% approx. In addition, there is an ATM machine (owned) and we understand this provides a commission of between £300/£400 per month. In addition, there is a Paypoint and we understand this provides a further commission of approximately £300 per month.

Tenure : We understand the premises are held on a secure renewable lease having approximately 15 years unexpired at a rental of £45,000 p.a. exclusive of rates up to November, 2011, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £6,200 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION (£60,000/£70,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Staff : The business is at present operated by a full time manager with the assistance of 2 full time and 3 part time staff.
   
  FOR SALE
   

REFERENCE:

G5872 / RightBiz
   
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