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WE ARE INFORMED the turnover £3,800/£4,200 p.w. (including cigarette sales in the region of £600 p.w) in our opinion offering tremendous potential for further increase in the right hands. Gross profit 45% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £27,500 plus STOCK AT VALUATION (£12,500 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SPACIOUS SINGLE FRONTED SALES SHOP with carpet tiled floor, fluorescent lighting. The equipment includes modern adjustable shelving, display stands, counter, electronic cash register, CCTV system with 8 cameras, 1 monitor plus DVD recording etc.
Small Stockroom
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor with the assistance of 2 full time staff.
The spacious SELF CONTAINED accommodation with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy as individual rooms per person and provides a total rental income at the present time of £20,400 p.a. The accommodation comprises:
4 Bedrooms (3 doubles, 1 single)
Lounge (at present let as a 5th bedroom)
Bathroom with bath, w.c. and wash hand basin
Kitchen
Outside
Parking space at rear for 2 cars.
Tenure
We understand the premises, including the accommodation over, is held on a secure renewable lease having approximately 7½ years unexpired at a rental of only £20,000 p.a. exclusive of rates for the next 2½ years, with rent to be agreed thereafter. (As will be appreciated at the present time, with the rental income from the accommodation, there is a profit rental of £400 p.a).
Uniform Business Rates: £4,700 p.a. approx. + water rates