Self Service Convenience Store Full Free Off Licence For Sale

Business description

Forecourt to SPACIOUS SINGLE FRONTED SHOP approximately 700 sq. ft. sales area all newly fitted in March, 2011 at considerable expense. Vinyl non-slip floor, suspended ceiling with concealed lighting. Air conditioning. The equipment includes modern adjustable shelving, 3-tier ice cream deep freeze, large glass sliding topped display deep freeze, 2-3.75m open Arneg cool display units (1 used for wines & beers whilst the other is used for soft drinks, sandwiches etc), 2 display gondolas, counter, till with EPOS scanning system, CCTV system with 16 cameras, monior, hard disc recording. Burglar alarm system.

Staff cloakroom with w.c. and wash hand basin
Large stockroom plus additional storeroom

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 18½ years unexpired at a current rental of £12,000 p.a. exclusive of rates for the next 6 months, increasing at that time to £14,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £2,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The EXCELLENT accommodation DOUBLE GLAZED with FULL GAS FIRED CENTRAL HEATING and newly CARPETED, comprises: 2 Double Bedrooms Large Lounge Bathroom with bath, wash hand basin Separate w.c. Kitchen with fitted units

Location:

Busy road, residential area, EAST SUSSEX

Business Operation

Expansion potential:

WE ARE INFORMED the turnover currently averages £6,500/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit in the region of 24%.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,950 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Thursday inclusive - 7 a.m. - 9 p.m.
Friday & Saturday - 7 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 9 p.m.

Employees:

The business is at present operated by the owners on a part time basis with the assistance of 1 full time and 2 part time staff.

Other information

Financing available:

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