Well Established Self Service Convenience Store, Full Free Off Licence Plus On Line National Lottery | | Undisclosed Middlesex | | Situated in a parade, busy road, densely populated residential area, MIDDLESEX | | ADVERT NUMBER : 69935
ADVERT IMPRESSIONS : 6,902 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £65000 | | | | | BUSINESS DETAILS: | Features : The business is situated in a residential area with a development of approximately 48 new flats opposite the parade providing further potential.
SPACIOUS SALES SHOP in the region of 1,300 sq. ft. sales area, suspended ceiling with concealed lighting. The equipment includes counter, electronic cash register, 1-5m open cool display unit (we understand approximately 3 years old), 1-1.5m open cool display unit, in addition there are 2-2.5m cool display chillers (both on loan from Coca Cola), modern adjustable shelving.
Large stockroom with some shelving
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, busy road, densely populated residential area, MIDDLESEX
Opening Hours : Monday - Saturday inclusive - 9 a.m. - 7.30 p.m.
Sunday opening - 10 a.m. - 1 p.m. only
We understand from the present owners that the Off Licence is allowed to be open until 11 p.m. from Monday - Saturday and 10.30 p.m. on Sunday.
Turnover : WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of newspapers, possibly fruit & vegetables and indeed with additional opening hours. Gross profit 24% approx. The business is also agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a further income of approximately £110/£120 p.w.
Tenure : The vendors own the freehold and subject to satisfactory references are prepared to grant a new 20/25 years lease at an intial rental of £17,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £2,000 p.a. approx. (after small business relief)
AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 17 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated by a husband and wife team with the assistasnce of 1 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
