Freehold Village News Confectionery Tobacco Greeting Cards Stationery Convenience Groceries For Sale

Business description

Attractive double fronted medium sized Sales Shop, in the region of 300 sq. ft. sales area. Well equipped including counter, till with EPOS scanning system, 3 tier ice cream deep freeze, upright glass-fronted display deep freeze, upright single door glass-fronted display fridge (on loan from Coca Cola), upright double-door display fridge (used for dairy produces, rolls, sandwiches, milk, etc.), modern adjustable shelving, centre display gondola, bake-off oven plus heated display cabinet (both on loan).

Small stockroom with 2 chest deep freezes plus fridge/freezer.
Small kitchen with single sink and wash hand basin.

Property information

Property:

Freehold

Lease terms:

FREEHOLD

Uniform business rates: £650 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.

Living accommodation:

THE ACCOMMODATION in the form of a self contained FLAT OVER, double glazed and with full gas fired central heating, comprises: 1 double bedroom. Shower room with shower, w.c. and wash hand basin. Lounge. Kitchen with fitted units. It will be appreciated upon inspection that there is potential to extend the accommodation, subject to obtaining the necessary planning permission.

Location:

Sought after residential area, SURREY.

Business Operation

Expansion potential:

WE ARE INFORMED the turnover is currently in excess of £6,000 p.w. plus lottery sales in our opinion offering further potential to increase, especially with additional opening hours and the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary premises and personal licence. Wholesale newsbill £1,300 p.w.
The business is also agents for the sale of online National Lottery tickets plus scratchcards. We understand that this provides a commission of approx. £70/£80 p.w. We are further advised that the sales year ending 30th November 2010 showed £287,806 (plus on line line national lottery sales) with a gross profit of £65,437.

Reasons for selling:

PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS, £330,000 PLUS STOCK AT VALUATION. SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Trading hours:

Monday/Friday incl. 6.30 a.m. - 6.30 p.m.
Saturday, 7 a.m. - 4 p.m.
Sunday, 7.30 a.m. - 11 a.m.

Employees:

The business is at present operated by 2 partners, with the assistance of a relative on a part time basis, plus 1 Saturday part time staff. 1 country newsround plus 3 morning newsrounds, delivery charge £1.54 p.w. morning newsrounds plus the country round customers are charged at £2.80 p.w.

Other information

Financing available:

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