Surrey Internet Cafe Video Store For Sale

Business description

The business has been established in the area since 1997 and has been under our client’s ownership since 2005. The business serves as both a well stocked DVD rental store and internet café, offering a wide range of movies and games for rental; and 9 broadband IT stations. A range of confectionery items and drinks are offered with scope to introduce sandwiches and toasted goods to computer terminal users. Our client estimates that there are approximately 30,000 registered customers on the business database. There is also potential to increase active marketing and promotion of the business.

Property information

Property:

Leasehold

Lease terms:

We are advised that the premises are Leasehold
20 year lease with 8 years remaining as of 2009
Rent £17,000pax
Maintenance charge £2,000pa
Rates £8,000pa

Leasehold rent:

£17,000 per annum

Location:

The business occupies a prime mid-terrace location on a popular shopping parade in Sutton, Surrey. The area attracts high volumes of passing trade. There are several parking facilities nearby ensuring ease of access to the business.

Premises details:

The business operates form a double lock up premises comprising a double fronted entrance with clear front neon signage, video and game displays arranged into categories, wide service counter with till register, 9 flat screen terminals, small rear stock area, W.C.

Other information

Expansion potential:

• Increased marketing and advertising of the business’s services. This could be targeted at the current database of over 30,000 registered customers, possibly through mail shots or e-marketing.
• The food proposition could be greatly expanded to offer a wider choice to internet café customers.
• The range of computer games could be increased.

Reasons for selling:

Emigration

Trading hours:

Monday to Sunday 10.00am – 10.00pm