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Self Service Convenience Store, Full Free Off Licence for Sale

Undisclosed, Surrey
Leasehold Price:
£120,000
Status
FOR SALE
Advert ID
253557
Reference
G8466 / Rightbiz
WE UNDERSTAND that the business commenced trading approximately 6 months ago & we are informed the turnover is currently in the region of £9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised by the vendor that the gross is in the region of 30%. The business is agents for the sale of on line national lottery tickets & we understand this provides a commission of approximately £60 p.w. The business also has Oyster which provides a further commission of approximately £100 p.w. We understand Payzone has recently been installed which provides a further revenue of approximately £20 p.w.The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, at present let on a shorthold tenancy and providing a rental income of £1,250 per month, however can be vacant on completion, if required. The accommodation comprises:2 Double BedroomsBathroom with bath, w.c. & wash hand basinLarge LoungeFitted KitchenIn addition to the rear of the premises is a rear store, at present let on a short term basis & providing a rental income of £300 per month. We understand from the present tenant the rear store has planning permission to convert into a Studio Flat if desired.Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£30,000 approx)SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Listing Details
Leasehold Price: £120,000
Tenure: Leasehold
Location: Undisclosed, Surrey
Sector: Convenience Stores, General Stores
Financials
Annual Turnover: £468,000
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Advert Reference: G8466 / Rightbiz
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