Asking price: £95,000

Sales revenue: £338,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
ATTRACTIVE DOUBLE FRONTED SALES SHOP with lino floor, fluorescent lighting. 3 electronic scales, 2 electronic cash registers, open cool display unit.

Rear preparation area with walk-in cold room, heat sealer unit, electronic scales with labeling machine, netting machine, additional electronic scales.

Stairs to basement with additional coldroom

Included in the sale is Renault Belingo low mileage van approx. 3 years old

Employees: The business is at present operated under management. Staff employed 1 full time manageress, 1 additional full time staff, 2 part time staff (each working 4 days per week) plus Saturday junior staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Trading hours: Monday & Tuesday - 8.30 a.m. - 5 p.m. Wednesday - 8.30 a.m. - 1 p.m. Thursday & Friday - 8.30 a.m. - 5 p.m. Saturday - 8.30 a.m. - 2 p.m. NO SUNDAY TRADING It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Property: Leasehold

Lease terms
We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 15 years unexpired from October, 2005 at a rental of £15,000 p.a. exclusive of rates up to October, 2010, with rent review at that time and thereafter every 5 years. Uniform Business Rates: £2,562 p.a. approx. OUTSTANDING OPPORTUNITY TO ACQUIRE A PROFITABLE HIGH CLASS FRUIT & GREENS, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS. PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED

Location
Excellent main road trading position, sought after and wealthy Village residential area, EAST SUSSEX

Expansion potential
WE ARE INFORMED the turnover averages £6,500/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 37% approx. We are further advised that the sales year ending 31st March, 2009 showed £351,915 with a gross profit of £133,312 i.e. 37.88%.

Reasons for selling
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.