Superbly Fitted Self Service Convenience Store Full Free Off Licence For Sale

Business description

Electric shutters to SPACIOUS SALES SHOP approx. 500 sq. ft. sales area, tiled floor, fluorescent lighting. Modern adjustable shelving, counter, 2 electronic cash registers, 1-2.5m open cool display unit (used for wines and beers), 1-2.5m open cool display unit (used for soft drinks), 2 glass topped chest deep freezes, 1 3-tier ice cream deep freeze, cigarette gantry (on loan) etc.

Rear stockroom
Staff w.c.

Stairs to large basement ideal for storage purposes

Property information

Property:

Leasehold

Lease terms:

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease in respect of the shop premises at a rental of £13,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,000 p.a. approx. (after small business relief)

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED SELF SERVICE CONVENIENCE STORE COMBINED WITH FULL FREE OFF LICENCE, 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

Living accommodation:

Available as an optional extra in the form of a SELF CONTAINED FLAT on the first floor, available on a shorthold tenancy at £800 per month. The flat all newly refurbished to a very high standard, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, com

Location:

Excellent corner position, busy road, densely populated residential area, near large College, SURREY

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £7,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 25% approx. In addition the business has an Oyster machine which we understand provides a further income of £40/£50 p.w. The business also has Paypoint which we understand provides a further commission of £60/70 p.w. plus also sells International phone cards and we understand this provides yet a further income of £50 p.w. There is also an ATM machine on rental which we understand provides a further income of £100 p.w.

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£20,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday incusive - 9 a.m. - 11 p.m.
Sunday opening - 11 a.m. - 10 p.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.