Well Fitted Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence | | Undisclosed East Sussex | | Situated in a parade, excellent main road trading position, residential area, with school nearby, EAST SUSSEX | | ADVERT NUMBER : 65178
ADVERT IMPRESSIONS : 11,332 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £115000 | | | | | BUSINESS DETAILS: | Features : Electric shutters to SPACIOUS DOUBLE FRONTED SALES SHOP approximately 700/750 sq. ft. sales area. Refitted approximately 6 months ago. Ceramic tiled floor, suspended ceiling with concealed lighting, counter, till with scanning system, 2-3.75m open cool display units (1 used for wines and beers whilst the other is used for soft drinks and dairy produce), 2 glass topped chest deep freezes, modern adjustable shelving, centre display gondola etc.
Small stockroom
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, excellent main road trading position, residential area, with school nearby, EAST SUSSEX
Opening Hours : Monday - Saturday inclusive - 6.30 a.m. - 11 p.m.
Sunday opening - 7 a.m. - 10.30 p.m.
Turnover : WE ARE INFORMED the turnover averages £10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £300/£400 p.w. Gross profit 20% approx.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 19½ years unexpired at a rental of £10,000 p.a. exclusive of rates for the next 3½ years, with rent review at that time and thereafter every 4 years.
Uniform business rates: £2,800 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £115,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over, comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units
Staff : The business is at present operated by the vendor on a part time basis with the assistance of his family plus 1 full time and 1 part time staff employed. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
