Long Established General Store With Off Licence, Pay Point, Phone Cards | | Undisclosed Essex | | Situated in a Parade, excellent main road trading position, residential, office and commercial area ajasent to school and college, ESSEX. | | ADVERT NUMBER : 68330
ADVERT IMPRESSIONS : 15,310 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £69500 | | | | | BUSINESS DETAILS: | Features : SUMMARY:
• PRICE (LEASEHOLD) £69,500
• SIZE 79.4(M²) / 854.7(Ft²)
• NEWSBILL £600p.w.
• GROSS PROFIT 20%
• TURNOVER £7,500p.w.
DESCRIPTION:
SINGLE FRONTED WITH SHUTTERS, Air conditioning with hot air, sales counter, wood strip floor, open cool display unit (3.75 metres) for drinks, open cool display unit (2.5 metres) for dairy, fridge, 2 x deep freeze, small Ice freezer, shelving (modern adjustable), cash register, CCTV system (9 cameras, 3 monitor & harddisk recorder).
• Toilet with w.c. and wash hand basin. (Staff).
• Staff room.
• Stock room / Store room
Location : Situated in a Parade, excellent main road trading position, residential, office and commercial area ajasent to school and college, ESSEX.
Opening Hours : 7 Day week (Monday - Saturday) 7am - 10pm
Sunday 8am - 10pm
Turnover : We have not had sight of the account but WE ARE INFORMED by the vendor :
• Turnover averages £7,500 p.w.
• Gross profit 20% approx.
• Wholesale newsbill £600 p.w.
COMMISSIONS RECEIVED : (in addition)
• PayPoint £35 p.w.
• Phone card (international) £250 p.w.
Tenure : We have not had sight of the lease but WE UNDERSTAND FROM THE VENDOR that the premises are held on a SECURE RENEWABLE lease from the private landlord:
• Lease granted for 16 years in 2004 (renewable under 1954 act)
• Reviews every 4 years (next review 2012)
• RENT £15,000 p.a.
THE VENDOR HAS ADVISED THAT:
• BUSINESS RATES from APRIL 2011 payable: Nil (Please contact local council to confirm)
• WATER RATES (METERED).
Price : TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS
£69,500 plus STOCK AT VALUATION (£20,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
N.B. The purchaser is to be responsible for the Landlord solicitors costs.
Accommodation : THE SELF CONTAINED ACCOMMODATION entrance via door to the right of the shop to Flat with Gas Heating, Double-glazed windows in good condition
• 2 Bedrooms (2 double).
• Lounge.
• Kitchen.
• Bathroom with bath, w.c. and wash hand basin.
Outside : Rear garden with lawn with storage container.
Staff : The business is at present operated by the Husband & Wife team plus
• 1 full time staff employed.
• 1 part time staff employed.
• 1 newsboys employed, delivery charge £1 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
