Business description

SINGLE FRONTED MEDIUM SIZED SALES SHOP with lino floor, fluorescent lighting. The equipment includes counter, electronic cash register, ice cream deep freeze, storage deep freeze, upright double door glass fronted display fridge, 3 upright single door display fridges, open cool display unit (on loan from Coca Cola), etc.

Stockroom
Staff w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease from a private landlord, having 5 years unexpired from August, 2009 at a rental of £5,200 p.a. exclusive of rates up to December, 2009, increasing at that time to £6,000 p.a. exclusive of rates for the remainder of the lease.

Uniform Business Rates: £600 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Location:

Occupying a corner position, end of terrace, residential area, MANCHESTER

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands. (It should be noted the vendor does sell some newspapers, however, these are not direct supplies). Gross profit 24% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £15,000 plus STOCK AT VALUATION

Trading hours:

Monday - Sunday inclusive - 8 a.m. - 9 p.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.