Profitable DISCOUNT STORE selling toiletries, pre-packed groceries, dairy produce, confectionery, soft drinks, household and houseware goods etc.
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 £15,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Gross profit 28% approx.
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £199,950 plus STOCK AT VALUATION (£60,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Large Car Park at rear of parade for up to 50 cars.
Spacious triple fronted SALES SHOP approx. 2,200 sq. ft. with tiled floor, suspended ceiling. The equipment includes modern adjustable shelving, centre display gondola, 2-12ft open cool display units, 1-16ft open display deep freeze, 2 electronic cash registers. CCTV system with 7 cameras, 2 monitors plus recording.
Large stock area at rear approx. 600 sq. ft. with walk-in coldroom, baling machine (recently installed at a cost of £6,000 for compressing cardboard)
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor with the assistance of 3 full time staff.
We understand the premises are held on a secure renewable lease having approx. 17½ years unexpired at a rental of £20,000 p.a. exclusive of rates for the next 1½ years, with rent review at that time and thereafter every 4 years.
