Well Equipped Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence | | Undisclosed Essex | | Situated in a parade, main road trading position, residential and commercial area, ESSEX | | ADVERT NUMBER : 68322
ADVERT IMPRESSIONS : 14,742 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £50000 | | | | | BUSINESS DETAILS: | Features : SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 700 sq. ft. sales area. Newly fitted approximately 2 years ago. Ceramic tiled floor, suspended ceiling. Well equipped including modern adjustable shelving, centre display gondola, 1 double door glass fronted upright display deep freeze, 1 3-tier ice cream deep freeze (owned), 1-3.25m open cool display unit, 1-1.75m open cool display unit, counter, 2 tills with EPOS scanning system plus back office computer.
Large storage area probably in the region of 400 sq. ft. with storage deep freeze
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, main road trading position, residential and commercial area, ESSEX
Opening Hours : Monday - Saturday inclusive - 6.30 a.m. - 11 p.m.
Sunday opening - 7 a.m. - 10 p.m.
Turnover : WE ARE INFORMED the turnover averages £9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £350 p.w. Gross profit 23% approx.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £24,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
Uniform Business Rates: £7,500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£25,000 approx. could be reduced)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Small yard plus parking space for 1 car
Staff : The business is at present staff operated. Staff employed 4 full time staff. 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 | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
