Asking price: £27,500

Sales revenue: £104,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
MEDIUM SIZED SALES SHOP with lino floor, fluorescent lighting, shelving, ice cream deep freeze, chest deep freeze, glass fronted fridge, counter, electronic cash register, stockroom with shelving.

Employees: The business is at present operated by a husband and wife team and no staff are employed.

Trading hours: Monday - Saturday inclusive - 7.30 a.m. - 8 p.m. Sunday opening - 9 a.m. - 5 p.m.

Property: Leasehold

Lease terms
We understand the premises are held on a secure renewable lease, the present lease expiring in June, 2015 at a rental of £9,000 p.a. exclusive of rates up to June, 2010, with rent to be agreed thereafter. Uniform Business Rates: £1,020 p.a. approx. THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 21 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS ILL HEALTH. RECOMMENDED FOR EARLY INSPECTION REALISTICALLY PRICED FOR EARLY SALE

Living accomodation
The accommodation comprises: 2 Bedrooms (1 double, 1 single) Bathroom with bath, w.c. and wash hand basin Lounge Kitchen

Location
Situated end of parade, occupying a corner position, busy road, densely populated residential area, SURREY

Expansion potential
WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands and with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary Off Licence.

Reasons for selling
TO INCUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £27,500 plus STOCK AT VALUATION (£5,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.