Location:
An opportunity to acquire this excellent shop well established for the last 40 years in the same hands, selling the business as age retirement. The shop is situated on the parade with other essential daily needs shops, no nearby competition, customer pay, and parking around and regular fixed client from the area.
Overview: The shop is well-maintained with CCTV cameras, EPOS, and security systems, electric shutters, led lightings, false ceiling, and flooring recently done, fridge freezers, chiller for beer, and soft drinks.
Size:
The shop floor is 800 sq.ft and has two garages for use as storage which is optional with additional rent of £1600 per annum. Has rear exit for receiving deliveries and parking space. The shop trades as Newsagents off license and general store with a good profit margin.
Business turnover: currently doing £13,000 in sales gross per week.
it use to do £26,000 before
Tenure: 22 years lease unexpired next rent review after 2 years.
Rent: £18,000 Per annum
Rates: Small business rates relief.
Service charge: For the maintenance of the storage and parking areas £500 annually.
Financials and Price: The shop come with fixtures & fittings and goodwill for the business for £225,000. Plus stock as per valuation
Call BTC for further details and appointment for viewing: --- ---- ---- or email us on [email protected]
Tenure: Leasehold (15 years)
Service Charge: £500 per year
