Newsagents and Convenience Store For Sale

Business description

Situated in a prominent position in an affluent Surrey town. Counter news only. Retail area of approximately 415 sq ft plus stock room. End of terrace premises with owners’ accommodation comprising two bedrooms, living room, kitchen, bathroom, plus garage and garden. Owner advised gross weekly takings circa £3,500

Property information

Property:

Leasehold

Lease terms:

The agents are advised that the premises are held on a 15 year lease from 2005, which we understand is be subject to 5 year rent reviews at a rent of £13,250 per annum.

Living accommodation:

GROUND FLOOR Entrance Hall Stairs to the first floor. Doors to the kitchen and to:- Cloakroom Low level wc. Kitchen Extending to approximately 11’10 x 5’10. Rear aspect. Single drainer sink unit with cupboards under. Worktop with cupboard under. Wall mounted units. Doors to the stock room and to the shop. FIRST FLOOR Landing Cupboard housing the boiler. Access to roof space. Living Room Extending to approximately 13’8 x 12’9 including the chimney breast. Front aspect. Bedroom 1 Extending to approximately 13’2 x 11’6 to chimney breast. Rear aspect. Bedroom 2 Extending to approximately 12’9 x 6’11. Front aspect. Bathroom Coloured suite panelled bath, wash hand basin and low level wc. OUTSIDE Rear Garden A concrete patio adjoins the rear of the premises bounded by a brick retaining wall with steps up to a further area of garden, garage and parking space.

Location:

The business is situated in a sought after Surrey town outside the M25. Located in a prominent position at one end of a parade of four shops on an ‘A’ road. The other outlets are a Chinese take-away, a sandwich bar and computer retailer. There is a parking area serving the parade. There are good local facilities including schools, bus services and within a quarter of a mile, a railway station.

Other information

Competition / Market:

The business trades as CTN/convenience store/off licence selling a range of items including sandwiches, rolls and baps (that are filled on the premises), newspapers and magazines (counter news only), confectionery, soft drinks, cigarettes and a small selection of wine, beers and spirits, etc. The agents are advised that the weekly news bill is around £400. V.A.T returns for the quarters 02.08 and 05.08 show net sales of £38,671 and £37,450 respectively.

Trading hours:

Monday - Friday 6.30am to 7.00pm; Saturday 7.00am - 7.00pm; 7.30am - 2.00pm