Attractive Suffolk Village Self Service Stores For Sale

Business description

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 900 sq. ft. including stockroom. Fluorescent lighting and fully equipped including counter, EPOS scanning system with touch screen and till, 3 glass topped chest display deep freezes, 1 additional deep freeze, 1 open cool display unit, 1 additional open cool display unit (used for beers and wines), 1 upright double door drinks display fridge (on loan from Coca Cola), shelving, 1 greeting card display stand etc.

Stockroom with additional deep freeze

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £4,200 p.a. exclusive of rates for the next 1 year, with rent to be agreed thereafter.

Nil Business Rates payable (after full relief)

RECOMMENDED FOR EARLY INSPECTION

Location:

Sought after location, SUFFOLK

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £450/£500 p.w. Gross profit 20% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £38,000 plus STOCK AT VALUATION (£9,000/£10,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 6.30 a.m. - 7 p.m.
Saturday opening - 6.30 a.m. - 5 p.m.
Sunday opening - 6.30 a.m. - 4 p.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.