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Home Businesses Convenience Stores Essex Well Fitted Full Free off Licence Plus Self Servic...

Advert Ref : C7311 Convenience Stores for sale in Essex

Well Fitted Full Free off Licence Plus Self Service Convenience Store, National Lottery

Convenience Stores,General Stores,Supermarkets,Off Licences for sale in Essex



Situated in a parade, excellent busy main road trading position, densely populated residential and commerical area, ESSEX

Features 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
Turnover 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.
Staff The business is at present operated by a husband and wife team with the assistance of 2 full time staff.
Opening Hours 9 a.m. - 11.30 p.m. seven days per week
We are advised by the vendor alocohol can be sold from 7 a.m. - 2 a.m.
Outside Parking at rear for approx. 4 cars.
Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 10 years full repairing and insuring lease at a rental of 13,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 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
Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 69,950 plus STOCK AT VALUATION (30,000/40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Please call 020 8763 1777 for an appointment to view
Reference C7311

             

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Convenience Stores for sale in Essex

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Business Summary
Reference: C7311
Accom: No
Turnover: 8,500 p.w.
Leasehold: 69,950
was 75,000

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Finance the Purchase
We can lend you up to 35,000 to purchase this business subject to status, with a house or additional security you maybe able to borrow the full amount.


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