| (REF: G5885) Self Service Convenience Store, Counter News, Confectionery, Tobacco |
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| Seller Reference: |
G5885 |
| B4S Reference: |
27480 |
| Asking Price: |
£44,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£260,000 |
| 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 : Free Public Car Park in front of parade providing ample customers parking
SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 700 sq. ft. sales area with lino non-slip floor, suspended ceiling with concealed lighting and well fitted including modern adjustable shelving, centre display gondolas, large open cool display unit (used for soft drinks, milk and dairy produce), glass sliding topped chest display deep freeze, ice cream deep freeze (owned), counter, 1 till with EPOS scanning system etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £650/£700 p.w. Gross profit 22% approx. The business is also agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approx. £50 p.w. The business also has Paypoint and we are further advised that this produces a further commission of approx. £50 p.w.
We understand the premises are held on a secure renewable Council lease, the present lease having approximately 19 years unexpired at a rental of £10,000 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £3,500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated in a parade of 7 shops, residential 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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6 a.m. - 10 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 part time staff. |
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