Ultra Modern Self Service Convenience Store and Off Licence For Sale

Business description

SPACIOUS SINGLE FRONTED SALES SHOP with double door, quality tiled floor, suspended ceiling. Newly fitted approx. 1 year ago, modern adjustable shelving, 2 glass sliding topped chest display deep freezes, centre display gondola, 1 large open cool display unit, 1 additional cool display unit, counter, electronic cash register etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

The vendor owns the long leasehold property and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £9,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Location:

Excellent trading position, SURREY

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £400/£500 p.w. Gross profit 22% approx.

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION (£30,000/£35,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 6.30 a.m. - 10.30 p.m.
Sunday opening - 7.30 a.m. - 10.30 p.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.