| (REF: C7311) Well Fitted Full Free Off Licence Plus Self Service Convenience Store |
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| Seller Reference: |
C7311 |
| B4S Reference: |
21107 |
| Asking Price: |
£99,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£442,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Essex, the East of England, United Kingdom |
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Nationwide are pleased to offer to the market : SPACIOUS SINGLE FRONTED SALES SHOP approx. 500 sq. ft. sales area with suspended ceiling, air conditioning. Attractive wooden shelving, 2 single door drinks display fridge, 4 meter open cool display unit, counter, electronic cash register, ice cream deep freeze (owned), photocopier (on loan) etc.
Large basement used for storage purposes
Staff toilet and wash hand basin
WE ARE INFORMED the turnover is £8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. The business enjoys an excellent sale of wines, beers and spirits. Gross profit 22% approx. There is also a cash machine on the premises, recently installed, which should provide additional commission. In addition the business has an Oyster machine and we understand this provides a commission of approx. £50 p.w. The business also has Paypoint and we are advised that the commission from these is approx. £100 p.w.
We understand the premises are held on a secure renewable lease having approximately 8½ years unexpired at a rental of £6,500 p.a. exclusive of rates for the next 2½ years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,000 p.a. approx. (after small business relief) + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION (£30,000/£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Parking at rear for approx. 4 cars. |
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Location: |
Situated in a parade, excellent busy main road trading position, densely populated residential and commerical area, ESSEX |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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9 a.m. - 11.30 p.m. seven days per week |
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The business is at present operated by a husband and wife team with the assistance of 2 full time staff. |
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