News Confectionery Tobacco Convenience Groceries Off Licence Lottery For Sale

Business description

DOUBLE FRONTED SALES SHOP with tiled floor. Well equipped including counter, electronic cash register, modern adjustable shelving, centre display gondola, glass topped chest deep freeze, dairy display unit, 1 upright double door glass fronted drinks display fridge (on loan), 1 upright single door glass fronted drinks display fridge (owned), ice cream deep freeze (on loan) etc.

Rear stockroom
Staff cloakroom with w.c. and wash hand basin

It will be appreciated upon inspection that there is potential to extend the sales shop into the rear stockroom, subject to the necessary planning permission.

Property information

Property:

Freehold

Lease terms:

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The EXCELLENT accommodation situated on the first floor and with FULL GAS FIRED CENTRAL HEATING, comprises: 2 Bedrooms (1 large double, 1 small double) Bathroom with bath, electric shower over bath, w.c. and wash hand basin Large Lounge Kitchen with fitted units

Location:

Situated in a parade, residential area, SURREY

Business Operation

Expansion potential:

WE ARE INFORMED the turnover currently averages £5,500/£5,700 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £800 p.w. Gross profit 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approx. £60 p.w. The business. In addition there is an advertising board in front of premises and we understand the vendor receives a rental income of £125 per quarter.

Reasons for selling:

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £395,000 plus STOCK AT VALUATION (£15,000/£20,000 approx). SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 6 a.m. - 7.30 p.m.
Sunday opening - 6 a.m. - 11 a.m.

Employees:

The business is at present operated by a husband and wife team and no staff are employed. 3 morning newsrounds. Delivery charge. £2.50 p.w.

Other information

Financing available:

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