Convenience Store Counter News And Off Licence For Sale

Business description

DOUBLE FRONTED SALES SHOP probably in the region of 18' wide x 40' depth with tiled floor, suspended ceiling with concealed lighting and well equipped including counter, till with EPOS scanning system, glass topped display deep freeze, 3-tier ice cream deep freeze, 1-3.75m open cool display unit (used for soft drinks, water etc), 1 additional open 3.75m cool display unit (used for wines and beers), cigarette gantry (on loan), modern adjustable shelving, centre display gondola. CCTV system with 8 cameras, 2 monitors plus recording.

Rear stockroom
Staff room
Staff w.c. and wash hand basin, shower unit

Property information

Property:

Leasehold

Lease terms:

WE UNDERSTAND THE PREMISES ARE HELD ON A SECURE RENEWABLE LEASE, THE PRESENT LEASE HAVING APPROXIMATELY 16½ YEARS UNEXPIRED AT A RENTAL OF £12,000 P.A. EXCLUSIVE OF RATES. WE UNDERSTAND FROM THE PRESENT TENANT THAT HE HAS BEEN ADVISED BY THE LANDLORD THAT THE RENT WILL REMAIN AT ONLY £12,000 P.A. EXCLUSIVE FOR THE REMAINDER OF THE TERM OF THE LEASE.

Uniform Business Rates: £4,700 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent main road trading position, SURREY

Business Operation

Expansion potential:

WE ARE INFORMED the turnover averages £6,500/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £300 p.w. Gross profit 25% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 8.30 a.m. - 10.30 p.m.

Employees:

The business is at present mainly staff operated. 2 full time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Other information

Financing available:

Please call Nationwide Businesses who will be pleased to help you with finance