Customer's car parking in front of parade for approx. 25 cars plus rear car parking
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 700 sq. ft. sales area, air conditioned, tiled floor, suspended ceiling with concealed lighting. The shop is well equipped including 4 greeting card display stands with drawers, modern adjustable shelving, magazine display shelving, 2 open cool display fridges (on loan from Coca Cola), 2 large glass topped chest display deep freezes, counter, EPOS scanning system with 1 till, back-up computer, cigarette gantry (on loan), photocopier (owned), CCTV system with 7 cameras, 1 monitor plus video. Post Office counter with anti-bandit screen (2 positions) etc.
Office
Stockroom
Kitchen area
Staff cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover averages £8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. In addition, in our opinion, there is potential for the sale of wines, beers and spirits, subject to obtaining the necessary Off Licence. Wholesale newsbill £2,200 p.w. Gross profit 24%. Post Office Salary £55,000 p.a. approx. (included in the post office salary is approx. £4,000 p.a. received in respect of the sale of on line national lottery tickets plus scratch cards).
Staff
The business is at present operated by 2 brothers with the assistance of 3 part time staff. 8 morning newsrounds. Delivery charge £1.80 to a maximum of £3 p.w.
Opening
Hours
Monday - Saturday inclusive - 6 a.m. - 7 p.m.
With the exception of Wednesday & Saturday when the business remains open until 7.15 p.m. in respect of the sale of on line national lottery tickets.
Sunday opening - 6 a.m. - 1.30 p.m.
Accommodation
The accommodation in the form of a SELF CONTAINED MAISONETTE over is at present let on a shorthold tenancy and provides a rental income of £700 per month, however, we understand that vacant possession can be given on completion. The accommodation with Economy 7 Night Storage Central Heating and FULLY DOUBLE GLAZED compries:
3 bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units
Outside
Large service area at rear of parade providing ample additional car parking for up to 25 cars.
Tenure
We understand the premises are held on a secure renewable lease, the present lease expiring in September, 2015 at a rental of £22,000 p.a. exclusive of rates up to June, 2011, with rent to be agreed thereafter. We are further advised that there is an option to renew the lease for a further 12 years at terms and rent to be agreed.
Uniform Business Rates: £5,000 p.a. approx. + water rates (metered)
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
