Profitable & spacious SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, IN-STORE BAKERY, FULL FREE OFF LICENCE with SUB POST OFFICE
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for free to see full location details
WE ARE INFORMED the turnover averages £16,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,150 p.w. Gross profit 25% approx. Post Office salary £85,000 p.a. approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £320,000 plus STOCK AT VALUATION (£40,000/£45,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
IMPRESSIVE & SPACIOUS SALES SHOP approx. 3,000 sq. ft. sales area with ceramic tiled floor, suspended ceiling with concealed lighting. 2 air conditioning units, modern adjustable shelving, 2-3.75m open cool display units (on lease to be taken over), 3-tier ice cream deep freeze (owned), 2 open cool display units (on loan from Coca Cola), 4 glass topped chest deep freezes, 7 greeting card display stands 3 revolving card stands (including 1 on loan), photocopier (owned), centre display gondolas, bake-off oven, hot drinks machine, counter. Post Office Counter with anti-bandit screen (2 positions). 16 cameras, 3 monitors plus recording etc.
Rear storage area approx. 500 sq. ft.
Stairs to first floor approx. 3,500 sq. ft. at present providing additional storage area with ladies' & gentlemen's cloakrooms each with w.c. and wash hand basin.
Staff kitchen
In our opinion the first floor has potential to be converted into offices or indeed accommodation, subject to landlord's permission.
Staff
The Retail Shop is at present operated by a husband and wife team with the assistance of 3 full time plus 2 part time staff.
We understand the enitre premises are held on a secure renewable lease, the present lease for a period of 20 years from the 24th June, 1993 at a current rental of £32,000 p.a. exclusive of rates, with rent reviews every 5 years.
Uniform Business Rates: £14,668 p.a. + water rates