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

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence

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

ADVERT NUMBER : 60850
ADVERT IMPRESSIONS : 10,245 TIME(S)

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

LEASEHOLD:

£200000
 

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BUSINESS DETAILS:

Features : Spacious fully equipped Self Service Convenience Store catering for English, Asian, African and West Indian Foods.

IMPRESSIVE SALES SHOP in the region of 2,200 sq. ft. sales area with tiled floor, suspended ceiing with concealed lighting. Newly fitted we understand approximately 4 years ago. Modern adjustable shelving, centre display gondola, 3 glass topped chest deep freezes, large open cool display unit (2 combined units) utilized for dairy, soft drinks, fruit and greens, 1 large open cool display unit (used for wines and beers), double door glass fronted display fridge (on loan from Coca Cola), counter, 2 electronic cash registers, electronic scales.

Stockroom with shelving
Staff w.c. and wash hand basin

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

Opening Hours : 24 hours per day seven days per week

Turnover : WE ARE INFORMED the turnover averages £20,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £150 p.w. Gross profit we are advised in the region of 25/30% approx.

Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of £31,500 p.a. exclusive of rates, with rent reviews.

Uniform Business Rates: £20,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION (£70,000) approx.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Rear yard with parking space

Staff : At present operated by 1 of the partners on a full time basis plus 4 full time and 2 part time staff.
   
  FOR SALE
   

REFERENCE:

G5964 / RightBiz
   
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