Superb newly fitted SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE, ON LINE NATIONAL LOTTERY plus BUS PASSES
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. 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. £75 p.w. The business also sells bus passes and we understand that this provides a further commission of approx. £150 p.w. In addition, there is a Paypoint which we understand provides yet a further commission of approx. £80 p.w.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION, SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £820,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features
IMPRESSIVE & SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,200 sq. ft. sales area we understand newly refurbished and refitted in July, 2007 at considerable expense. Ceramic tiled floor, suspended ceiling with concealed lighting. 3 air conditioning units. The equipment includes counter, scanning system with 2 tills, electronic scales, hot display cabinet (on loan and used for pies, sausage rolls etc), electric bake-off oven (on loan), centre display gondolas, 3.75m open cool display unit (used for beers and wines), 1-4.5m cool display unit (used for soft drinks, juices, milk etc), magazine display shelving, large greeting card display section, 2 upright double door glass fronted display deep freezes, 3-tier glass fronted ice cream display deep freeze etc.
Stockroom
Staff w.c. and wash hand basin
Staff
The business is at present operated by a lady vendor with the assistance of her brother and son on a full time basis plus 3 Saturday junior staff. In addition, there is 1 part time lady employed who delivers the papers in respect of 2 newsrounds. Delivery charge £1 p.w.
The accommodation in the form of a 2 SELF CONTAINED FLATS over, all refurbished and newly fitted, comprises:
Flat 1.
Double Bedroom
Newly fitted bathroom with bath, w.c. and wash hand basin
Large Lounge
Fitted Kitchen
Flat 2.
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge
Separate Kitchen
It will be appreciated upon inspection that the second flat could be converted into 2 bedrooms, if desired.
Outside
Yard at rear
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 21 years full repairing and insuring lease in respect of the shop with 2 flats over at a rental of £26,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter ever 3 years.
Alternatively should only 1 of the flats be required the vendor is prepared to grant, subject to satisfactory references, a new 21 years full repairing and insuring lease to include the shop premises and 1 flat at a rental of £21,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Alternatively the vendor is also prepared to consider granting a lease in respect of the shop premises only, excluding the 2 flats over, subject to satisfactory references, for a period of 21 years lease at a rental of £15,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
THIS BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 22 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
