Spacious Lock-up Drug Store Selling Chemist Sundries, Toiletries, Household Goods, Confectionery, Tobacco | | Undisclosed Surrey | | Situated in a parade, excellent trading position, densely populated residential estate, SURREY | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 56413
ADVERT IMPRESSIONS : 12,170 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Household Goods | | SALE: | Agent Sale | FREEHOLD: | £295000 | LEASEHOLD: | £30000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | 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 : The vendors own the freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £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 NEW LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE FREEHOLD GROUND FLOOR SHOP, TOGETHER WITH LAND AT REAR, GOODWILL, FIXTURES & FITTINGS £295,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Outside : To the rear of the property is land approx. 150ft 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: | M3271 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
