Freehold Newly Fitted Self Service Convenience Store For Sale

Business description

Electric shutters to SPACIOUS SALES SHOP approx. 500 sq. ft. sales area, tiled floor, fluorescent lighting. Modern adjustable shelving, counter, 2 electronic cash registers, 1-2.5m open cool display unit (used for wines and beers), 1-2.5m open cool display unit (used for soft drinks), 2 glass topped chest deep freezes, 1 3-tier ice cream deep freeze, cigarette gantry (on loan) etc.

Rear stockroom
Staff w.c.

Stairs to large basement ideal for storage purposes

Property information

Property:

Freehold

Lease terms:

OUTSTANDING OPPORTUNITY TO ACQUIRE A VALUABLE FREEHOLD PROPERTY, ALL RECENTLY REFURBISHED AND NEWLY FITTED TO A HIGH STANDARD, COMBINED WITH PROFITABLE BUSINESS, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.

Uniform Business Rates: £1,000 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The accommodation in the form of 2 SELF CONTAINED FLATS over, are at present let on a shorthold tenancies and provides a rental income of £700 per month for each flat, we understand that vacant possession of the flats can be given on completion, if requir

Location:

Excellent corner position, busy road, densely populated residential area, near large College, SURREY

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £7,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 25% approx. In addition the business has an Oyster machine which we understand provides a further income of £40/£50 p.w. The business also has Paypoint which we understand provides a further commission of £60/70 p.w. plus also sells International phone cards and we understand this provides yet a further income of £50 p.w. There is also an ATM machine on rental which we understand provides a further income of £100 p.w.

Reasons for selling:

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £575,000 plus STOCK AT VALUATION (£20,000 approx). SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 9 a.m. - 11 p.m.
Sunday opening - 11 a.m. - 10 p.m.

Financing available:

SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT