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Excellent main road trading position, residential area, SURREY (Please register to make appointments and view addresses)

Forecourt to -

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 700 sq. ft. sales area, tiled floor, suspended ceiling. Air conditioning/heating. Well equipped including counter, 2 tills with EPOS scanning, 4 greeting card display stands (3 with drawers under plus 1 with gift wrapping paper section), 1 corner display unit, photocopier (owned), 1 revolving card stand, 3 open cool display units (2 owned and 1 on loan from Coca Cola), 1 3-tier ice cream deep freeze, cigarette gantry (on loan). CCTV system with 4 cameras, monitor plus recording etc.

Rear stockroom
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. W.N.B. £3,000 p.w. Gross profit we understand in the region of 24/25% approx. It should be noted that the Off Licence we understand was granted in January, 2009 and in our opinion offers tremendous potential for further development. Additional sales of Paypoint £2,000 p.w.

The business is at present operated by a husband and wife team with the assistance of 3 part time staff. 15 morning newsrounds. Delivery charge £1.75/£2.50 p.w.

Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening - 7 a.m. - 3 p.m.

The accommodation in the form of a SELF CONTAINED FLAT over all in GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING (new boiler), is currently let on a shorthold tenancy and provides a rental income of £790 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge/Dining Room
Kitchen

Small Garden

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £28,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £4,000 p.a. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £129,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £535,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT