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VILLAGE SELF SERVICE STORES, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE

 
Business Summary:
Reference : G5293
Categories : Convenience Stores
General Stores
Newsagents
Off Licences
Confectioners
Location : East Sussex
Turnover : £ 4,500 p.w.
Price : £ 297,500 (Freehold)

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
 

Location

Sought after residential area, EAST SUSSEX (Please register to make appointments and view addresses)

Features

No parking restrictions

Forecourt to -

SINGLE FRONTED SALES SHOP approx. 350 sq. ft. sales area with counter, till with scanning, 2 glass topped chest display deep freezes, open cool display cabinet (used for soft drinks, dairy plus beers and wines), modern adjustable shelving.

Small stock area with chest deep freeze
Staff cloakroom with w.c. and wash hand basin

Turnover

WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 22% approx.

Staff

The business is at present operated by the vendor's wife with the assistance of 1 part time staff. 1 morning newsround. Delivery charge £1.70 p.w.

Opening Hours

Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening - 7 a.m. - 7 p.m.

Accommodation

The accommodation all in GOOD CONDITION, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

Ground Floor
Spacious Fully Fitted Kitchen/Dining Room

First Floor
Large Lounge with woodstrip floor
2 Bedrooms (1 double, 1 single)
Shower room with shower, w.c. and wash hand basin

Second Floor
Additional Double Bedroom plus 1 Box Room

Outside

Large brick built outbuilding comprising: Large Room, ideal as an office or stockroom

Large Garden with decked area. Patio, lawn and flower borders

Parking space for 2 cars

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of £17,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £800 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £297,500 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Reference : G5293

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