Well Fitted Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence Plus On Line National Lottery | | Undisclosed Surrey | | Unopposed densely populated residential area, SURREY | | ADVERT NUMBER : 63212
ADVERT IMPRESSIONS : 4,696 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £120000 | | | | | BUSINESS DETAILS: | Features : IMPRESSIVE & SPACIOUS SALES SHOP in the region of 1,800 sq. ft. including large storeroom. Ceramic tiled floor, 3.75m open cool display unit (used for wines and beers), 1 long modern wooden display counter, 1 till with EPOS scanning system, 1 electronic cash register, electronic scales, 2 large sliding topped chest deep freezes, 3.75m open cool display unit (used for milk and dairy produce), 3 greeting card display stands with drawers, 1 gift wrapping paper stand, magazine display shelving, centre display gondolas, 2.5m cool display unit (used for soft drinks and water), 3-tier ice cream deep freeze, cigarette gantry (on loan) etc.
Large stockroom
Kitchen
Shower room with shower, w.c. and wash hand basin
Location : Unopposed densely populated residential area, SURREY
Opening Hours : Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 5 p.m.
It will be appreciated upon inspection that there is potential for additional opening hours, if desired.
Turnover : WE ARE INFORMED the turnover averages £9,500 p.w. in our opinion offering further potetial to increase in the right hands. Wholesale newsbill £300/£400 p.w. Gross profit 23% approx. In addition the business is agents for the sale of online national lottery tickets plus scratch cards and we understand this provides a commission of approximately £175 p.w. The business also has Paypoint which we understand provides a further income of approximately £50 p.w. There is also Oyster providing additional commission of approximately £20 p.w.
Tenure : We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 32 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £2,400 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£25,000/£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present staff operated. 2 full time and 1 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
