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Related Ads > East Sussex Business for Sale > Convenience Stores to Rent > Convenience Stores in East Sussex for Sale 

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

Undisclosed East Sussex
Residential area, EAST SUSSEX
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 66701
ADVERT IMPRESSIONS : 11,834 TIME(S)

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

LEASEHOLD:

£134000
 

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BUSINESS DETAILS:

Features : No Parking Problems

IMPRESSIVE SALES SHOP approximately 850/900 sq. ft. sales area all newly fitted approximately 14 months ago. Automatic entrance door, ceramic tiled floor, suspended ceiling with concealed lighting. The equipment includes counter with 2 till and EPOS scanning, cigarette gantry (on loan), 3-tier ice cream deep freeze, 3.75m open cool display unit (used for wines), 1-2m open cool display unit (used for milk and dairy produce), 1-2m open cool display unit (used for soft drinks and water), 1-1.5m open cool display unit (used for bacon, vegetables etc), 3 centre display gondolas.

Stockroom/kitchen area
Staff cloakroom with w.c. and wash hand basin

There are a further 2 brickbuilt stores rented from the same landlord at currently £100 per month.

Location : Residential area, EAST SUSSEX

Opening Hours : Sunday - 7 a.m. - 10.30 p.m.
Monday, Tuesday, Wednesday & Thursday - 6.30 a.m. - 10.30 p.m.
Friday & Saturday - 6.30 a.m. - 11 p.m.

Turnover : WE UNDERSTAND the business commenced trading in March, 2010 and we are advised the turnover is currently in the region of £10,000/£12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £350 p.w. Gross profit 22% approx.

Tenure : We understand the shop premises are held on a renewable lease for a period of 20 years from March, 2010 at a rental of £12,000 p.a. exclusive of rates up to March, 2015, with rent review at that time and thereafter every 5 years.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED CONVENIENCE STORE COMBINED WITH FULL FREE OFF LICENCE IN THIS RESIDENTIAL AREA.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £134,000 plus STOCK AT VALUATION (£30,000/£40,000 approx. can be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : Available as an optional extra from the same landlord is the SELF CONTAINED ACCOMMODATION over, with FULL GAS FIRED CENTRAL HEATING, available as stated as an optional extra on a shorthold tenancy at a rental of £970 per month. The accommodation comprises:

3 Bedrooms (1 double, 2 singles)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units

Outside : Parking space at rear for 2 cars

Staff : The business is at present operated by the vendor's brother with the assistance of 2 part time staff.
   
  FOR SALE
   

REFERENCE:

G6089 / RightBiz
   
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