Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence | | Undisclosed East Sussex | | Situated end of terrace, occupying a corner position, densely populated residential area, EAST SUSSEX | | ADVERT NUMBER : 70877
ADVERT IMPRESSIONS : 12,504 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £85000 | | | | | BUSINESS DETAILS: | Features : SINGLE FRONTED SALES SHOP in the region of 500 sq. ft. sales area all newly fitted approximately 2 years ago. Quarry tiled floor, fluorescent lighting. Air conditioning unit. Glass topped display deep freeze, 2 double door glass fronted drinks display fridges (both on lease agreement to be taken over. 1 of the glass fronted fridges is used for wines whilst the other is used for beers), upright double door glass fronted drinks display fridge (on loan from Coca Cola), 1-2m open cool display unit (used for milk and dairy produce), 2 display gondolas, counter, electronic scales, EPOS scanning system with till, cigarette gantry (on loan), 1 revolving card display stand (on loan), CCTV system with 8 cameras, monitor plus recording. ATM machine (on loan)
Stockroom with double door glass fronted fridge, chest deep freeze
Staff cloakroom with w.c. and wash hand basin
Location : Situated end of terrace, occupying a corner position, densely populated residential area, EAST SUSSEX
Opening Hours : Monday - Saturday inclusive - 6.30 a.m. - 10 p.m.
Sunday opening - 10 a.m. - 10 p.m.
Turnover : WE ARE INFORMED the turnover averages £8,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £130 p.w. (not direct supplies). Gross profit we are advised in excess of 20%.
Tenure : We understand the premises are held on a secure renewable lease for a period of 13 years from 10th January, 2010 at a rental of £8,250 p.a. exclusive of rates up to January, 2013 with rent review at that time and thereafter every 3 years.
Uniform Business Rates: Nil payable at present after full relief
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£12,000/£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated by the vendor with the assistance of 2 part 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 | | | | | | | | | | | |
