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Superbly fitted SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, IN-STORE BAKERY, 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 main road trading position, residential area, MIDDLESEX
(Please register to make appointments and view addresses) |
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Features |
Service road in front of parade providing customer's car parking
IMPRESSIVE TRIPLE FRONTED SALES SHOP approx. 2,700 sq. ft. sales area. Refitted approx. 1 year ago at considerable expense. Non-slip floor, suspended ceiling with concealed lighting. New adjustable shelving, 6 upright double door drinks display fridges, 2 open cool display units, large open cool display unit (used for dairy produce etc), EPOS scanning system with 2 tills, counter etc.
Staff cloakroom with w.c. and wash hand basin
Container used for storage purposes
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Turnover |
WE ARE INFORMED the turnover averages £22,000/£23,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £600 p.w. Gross profit 22% approx. In addition, the business has an ATM machine and we understand this provides a commission of approx. £500 per month. In addition part of the shop is let as butchery and the business receives a rental of £12,000 p.a. A further area of the shop is let for the renting of videos and this provides a further rental income of £6,000 p.a.
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Staff |
The business is at present operated under management. Staff employed 1 full time manager plus 1 full time and 2 part time staff.
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Opening
Hours |
7 a.m. - 12 midnight seven days per week
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Tenure |
We understand the premises are held on a secure renewable lease having approximately 18 years unexpired at a current rental of £31,500 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 3 years. It will be appreciated that with the rental income of £18,000 p.a. the net rental payable at the present time is only £13,500 p.a. exclusive of rates.
Uniform Business Rates: £6,000 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
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Price |
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION (£65,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Reference
: G5168
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