Self Service Convenience Store, Full Free Off Licence | | Undisclosed Essex | | Situated end of parade, busy road, residential area, with 2 schools nearby, ESSEX | | ADVERT NUMBER : 63286
ADVERT IMPRESSIONS : 10,523 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £75000 | | | | | BUSINESS DETAILS: | Features : SINGLE FRONTED SALES SHOP occupying a corner position approximately 650 sq. ft. sales area with woodstrip floor, suspended ceiling, concealed lighting, modern adjustable shelving, centre display gondola, 2 glass topped chest display deep freezes, 2 open cool display units, ice cream deep freeze (owned), counter, till with scanning system plus 1 additional electronic cash register etc.
Staff cloakroom with w.c. and wash hand basin
Small kitchenette area
Large basement approximately 650 sq. ft. ideal for storage purposes
Location : Situated end of parade, busy road, residential area, with 2 schools nearby, ESSEX
Opening Hours : Monday - Saturday inclusive 7.30 a.m. - 11 p.m.
Sunday opening - 9 a.m. - 11 p.m.
Turnover : WE ARE INFORMED the turnover averages in excess of £8,000 p.w. Gross profit 22% approx. In addition the business is agents for Western Union Money Transfer and we understand this provides a commission of approximately £100 per month. The business also has Payzone & E-Pay and we understand this provides a further revenue of approximately £90 per month.
Tenure : We understand the shop premises are held on a secure renewable lease from a private landlord, the present lease having approximately 8 years unexpired at a rental of only £6,000 p.a. exclusive of rates up to March, 2012, with rent to be agreed thereafter.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : Although the business is a Lock-up, we understand there is a 3 bedroom flat over which could possibly be available from the same landlord on a shorthold tenancy at we understand a rental in the region of £950 per month.
Staff : The business is at present operated by the vendor with the assistance of 2 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
