Freehold Or Leasehold News Confectionery Tobacconists In Worthing For Sale

Business description

This business has been in the same vendors hands for over 20 years during which time has traded very successfully. It should be noted that until just recently the business had the benefit of a sub post office being attached to the property. Since the termination of the sub post office contract my clients have recorded extremely substantial and profitable turnover working very modest trading hours. There would be enormous scope to introduce other lines within the shop especially packet grocery, off licence and of course increase the present trading hours. This business will appeal to a family requiring a business with an attractive home above. Ideal family concern – could be run by one partner whilst the other pursues his/her own career. Price Reduction Freehold £325,000 SAV or Leasehold £29,500 SAV Ref: 5822S

Property information

Property:

Freehold

Lease terms:

Freehold or Alternatively New negotiable full repairing & insuring lease at a commencing rental of £20,000 per annum, exclusive

Leasehold rent:

£20,000 per annum

Living accommodation:

The living accommodation is accessed by its own separate entrance from the front and the rear and comprises GROUND FLOOR: Day Lounge with modern Kitchen adjoining fitted with modern base and wall units. Access to Attractive Garden with Detached Garage and standing space. Stairs leading to FIRST FLOOR: 2 Double Bedrooms, 1 Single Bedroom, Lounge, Bathroom with shower attachment and Separate WC. Access to boarded loft. Gas fired central heating throughout (not tested)

Location:

Modern Parade Worthing West Sussex.

Premises details:

Excellent modern Double Fronted Shop is well equipped to the trade, some of the valuable items of trade fixtures and fittings include: modern service counter with a SAM45 electronic cash till, fluorescent lighting, large magazine and newspaper display unit, cigarette display gantry, price ticket shelving, upright chiller, 3 greetings card display stands complete with storage drawers below, Large Secure Store to the rear of the shop which would be an excellent secure for the sale of wines and spirits, subject to obtaining an off sales licence.

Planning consent:

A1

Energy Performance Rating:

D

Business Operation

Expansion potential:

Scope to introduce longer hours & introduce other lines

Reasons for selling:

Ill health & retirement sale

Trading hours:

6am to 5.30pm Mon,Tues,Thurs.. & Fri. Close at 2pm Wed,Sat & Sun.

Employees:

1 part time asistant

Years established:

20 years

Other information

Support & training:

Yes

Financing available:

Subject to status

Leasehold asking price:

£29,500 (Furniture / Fixtures included)