Spacious Well Equipped Self Service Convenience Store, Full Free Off Licence | | Undisclosed Essex | | Situated in a parade, excellent main road trading position, busy road, residential area, ESSEX | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68211
ADVERT IMPRESSIONS : 12,919 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £150000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 1,200 sq. ft. sales area, suspended ceiling with concealed lighting. 2 tills with scanning (only 1 till used at present), 2 large glass topped chest deep freezes, 2-3.75m Arneg cool display units, 2-2m open cool display units, modern adjustable shelving, display gondola etc.
Stock area
Staff w.c. and wash hand basin
Location : Situated in a parade, excellent main road trading position, busy road, residential area, ESSEX
Opening Hours : 8 a.m. - 11 p.m. seven days per week
Turnover : WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of additional stock. Gross profit we are advised in the region of 22% approx.
Tenure : We understand the entire premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 4 years. (As will be appreciated with the rental income currently of £15,600 from the main accommodation over the shop, the net rental payable at the present time is only £4,400 p.a).
Uniform Business Rates: £6,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£10,000/£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy and provides a rental income of £1,300 per month. The accommodation comprises:
First Floor
Kitchen
Lounge
1 Double Bedroom
Bathroom with bath, wash hand basin
Separate w.c.
Second Floor
2 further Double Bedrooms
In addition the main accommodation to the rear of the shop is a SELF CONTAINED STUDIO FLAT with ELECTRIC STORAGE HEATERS and comprising:
Living Room/Bedroom
Shower room
Kitchenette
Staff : The business is at present operated by the vendor with the assistance of 2 part time staff. | | | | | | FOR SALE | | | | | REFERENCE: | G6153 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
