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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
 

Situated in a parade, excellent trading position, close to railway station, HAMPSHIRE (Please register to make appointments and view addresses)

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,700 sq. ft. sales shop all refurbished and newly fitted approx. 2 years ago at considerable expense. Ceramic tiled floor. 2 open cool display units (for the sale of dairy produce, sandwiches etc), 3 upright double door drinks display fridges (on loan for the sale of soft drinks), modern adjustable shelving, centre display gondolas, checkout counter with 2 electronic cash registers, CCTV system with 10 cameras, 2 monitors plus recording system.

Stockroom
Office
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands, especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary Licence. Wholesale newsbill £1,000 p.w. Gross profit 22% approx.

At present run under management. Staff employed 1 full time manager with the assistance of 1 full time and 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

7 a.m. - 10 p.m. seven days per week

We understand the premises are held on a secure renewable lease the present lease having approximately 17 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,500 p.a. approx. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTION

TO INCUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,500 plus STOCK AT VALUATION (£15,000/£17,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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