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Profitable SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY & BUS PASSES
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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
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Location |
Situated in a parade, main road position, residential locality, near a large school, college plus hospital, MIDDLESEX
(Please register to make appointments and view addresses) |
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Features |
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 850 sq. ft. with tiled floor, suspended ceiling with concealed lighting, modern adjustable shelving, slats to walls, cigarette gantry (on loan), open cool display serveover counter for sandwich display, 3 group coffee machine, Slush Puppy machine, double panini toaster, open cool display unit (on loan from Coca Cola, ice cream deep freeze (owned), 1 upright double door drinks display fridge (owned and used for beers etc), 3.75m open cool display unit, long counter, 2 electronic cash registers, 8 cameras, monitor plus recording etc.
Small Stockroom
Staff cloakroom with w.c. and wash hand basin
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Turnover |
WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £700 p.w. Gross profit 22% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £100 p.w. The business also sells bus passes and we understand this provides a further commission of approx. £150 p.w.
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Staff |
The business is at present operated by a husband and wife team with the assistance of their son. 3 morning newsboys. Delivery charge £2 p.w.
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Opening
Hours |
Monday - Friday inclusive - 6 a.m. - 8 p.m.
Saturay opening - 7 a.m. - 9 p.m.
Sunday opening - 7 a.m. - 4 p.m.
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Tenure |
We understand the premises are held on a secure renewable lease having approximately 13 years unexpired at a rental of £14,500 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £5,050 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
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Price |
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,950 plus STOCK AT VALUATION (£35,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Reference
: G5191
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