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SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE
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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, excellent trading position, residential area, MIDDLESEX
(Please register to make appointments and view addresses) |
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Features |
Modern shop front to -
SPACIOUS SALES SHOP approx. 1,000 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting, air conditioning, CCTV system with 8 cameras, 1 monitor plus hard disc recording. The equipment includes electronic cash register, open cool display unit (used for beers and wines), 1-4m cool display unit (used for dairy produce), 2 open cool display units (on loan from Coca Cola), modern adjustable shelving, 2 glass topped chest deep freezes etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
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Turnover |
WE ARE INFORMED the turnover currently averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £280 p.w. Gross profit 24% approx. 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. £50 p.w. The business also has a Paypoint and we understand that this provides a further commission of approx. £30 p.w.
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Staff |
The business is at present staff operated. 2 full time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
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Opening
Hours |
Monday - Saturday inclusive - 7.30 a.m. - 10 p.m.
Sunday opening - 7.30 a.m. - 9 p.m.
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Tenure |
We understand the premises are held on a secure renewable lease having approximately 19 years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £6,200 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
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Price |
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Reference
: G4942
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