DOUBLE FRONTED SALES SHOP with double door approx. 700 sq. ft. sales area, tiled floor, fluorescent lighting. Well equipped including counter, 2 electronic cash registers, cigarette gantry (on loan), 3.75m cool display unit (used for soft drinks, juice, milk and dairy produce), 2 upright double door glass fronted drinks display fridges (used for beers), 1 large glass sliding topped chest display deep freeze, centre display gondolas, modern adjustable shelving. CCTV system with 3 cameras, 1 monitor plus recording system etc.
Rear stockroom
Staff cloakroom with w.c. and wash hand basin
Staff kitchen area
Turnover
WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. In our opinion there is potential to introduce the sale of newspapers, if desired. Gross profit 24% approx. The business also has an ATM machine (on loan) and we understand this provides a commission of approx. £180 per month.
Staff
The business is at present operated by the vendor on a part time basis with the assistance of 2 of his sons.
The vendor owns the long leasehold property and is prepared to grant, subject to satisfactory references, a new 15 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £3,000 p.a. approx. + water rates
THIS OLD ESTABLISHED SELF SERVICE CONVENIENCE STORE HAS BEEN IN THE SAME HANDS FOR THE PAST 25 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Reference
G5124
Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.
