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(REF: C7209)  Old Established Semi-Detached Counter News Convenience Groceries, Off Licence
 
Seller Reference: C7209
B4S Reference: 21069
Asking Price: £69,500
Net Profit: Undisclosed
Sales Revenue: £234,000
Number of Staff: 3
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: East Sussex, South East England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : Large Forecourt to -

SINGLE FRONTED SALES SHOP approx. 300 sq. ft. sales area with counter, electronic cash register, 3 upright double door drinks display fridges (all owned, 2 used for soft drinks whilst the 3rd is used for wines and beers), ice cream deep freeze (owned), shelving, centre display gondola, 2 revolving card stands (on loan) etc.

Small Stockroom

WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £600 p.w. We are further advised that the sales year ending 31st January, 2008 showed £192,655.

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £14,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The outstanding living accommodation all in EXCELLENT condition, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with corner bath, shower over bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units

Rear paved garden. Driveway providing parking space for approx. 4 cars
Garage plus storeroom
 
  Location: Sought after residential area, EAST SUSSEX
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday - Saturday inclusive - 6.30 a.m. - 8 p.m.
Sunday opening - 6.30 a.m. - 1 p.m.
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of his wife on a part time basis plus additional family help when required.





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