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viewing is only via appointment - Please register for free to see full location details
 

Situated in a parade, main road trading position, residential and office area, SURREY (Please register to make appointments and view addresses)

SPACIOUS SALES SHOP approx. 800 sq. ft. sales area with lino floor plus partly carpet tiled, suspended ceiling with concealed lighting. The equipment includes 2 greeting card display stands (1 with drawers under plus 1 with gift wrapping paper section), large open cool display unit (for beers, wines and soft drinks), magazine display shelving, 1 revolving card display stand (owned), 1 long counter, coffee machine, electronic cash register, upright double door drinks display fridge (on loan from Lucozade), large glass sliding topped chest display deep freeze etc.

Stockroom

WE ARE INFORMED the turnover averages £7,500 p.w. in our opinion offering tremendous potential to increase in the right hands. Wholesale newsbill £800 p.w. Gross profit 20%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approx. £75 p.w. The business is also agents for bus passes and we understand this provides a further commission of approx. £80 p.w.

The business is at present operated by the vendor's brother with the assistance of 1 full time and 1 part time staff. 4 morning newsboys. Delivery charge £1 p.w.

Monday - Saturday inclusive - 6.30 a.m. - 9 p.m.
Sunday opening - 7 a.m. - 1 p.m.

The accommodation in the form of 2 SELF CONTAINED MAISONETTES, comprises:

FLAT NO. 1. with FULL GAS FIRED CENTRAL HEATING, which does require some redecoration, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
(This Flat is at present utilized by the owners, which could obviously be continued, or indeed there is potential for sub-letting to provide a rental income if desired).

FLAT NO. 2 in the form of an additional SELF CONTAINED MAISONETTE, all in GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin (new suite)
Lounge
Kitchen with fitted units
(This Flat is at present let on a shorthold tenancy, the present agreement for 1 year from August, 2006 and providing a rental income of £230 p.w).

Small yard at rear.

We understand the premises are held on a secure renewable lease for a period of 15 years from March, 2001 at a rental of £39,000 p.a. exclusive of rates up to March, 2010. (We understand the landlords at the present time, have not requested any further increase in the rent for the next 3 years). We further understand the rent reviews are every 3 years.

Uniform Business Rates: £4,568 p.a. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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