Old established SEMI-SELF SERVICE STORES plus FRUIT & GREENS
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 19% approx.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£16,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SPACIOUS SALES SHOP with 4 display windows approx. 800 sq. ft. sales area. Lino floor, suspended ceiling with concealed lighting. Well fitted including modern shelving. 2 upright double door glass fronted display fridges, 1 upright single door glass fronted display fridge, counter, electronic cash register, new 3 tier ice cream deep freeze, etc.
Large stockroom with storage fridge
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor with the assistance of his son plus an additional relative when required.
The accommodation in the form of a SELF CONTAINED FLAT over, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy and provides a rental income of £65 p.w. However, we understand that vacant possession can be given on completion, if desired. The accommodation comprises:
2 large double bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
Outside
Yard at rear with parking space for 3 cars
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease 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: £800 p.a. approx. (after small business relief) + water rates (metered)
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 19 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
