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Reference G7690

Convenience Store in Egham For Sale

Convenience Store in Egham For Sale
Buy a Convenience Store in Egham For Sale Sell a Convenience Store in Egham For Sale Convenience Store in Egham For Sale for Sale

Register to see map and to make an appointment Situated in a parade of shops, residential area sought after SURREY EGHAM

Turnover 4,500
Price 39,950

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

SINGLE FRONTED SALES SHOP in the region of 400 sq. ft. sales area with fluorescent lighting. The equipment includes 2 glass topped chest display deep freezers, 1 open cool display unit, 1 double door glass fronted display fridge (on loan from Pepsi Cola), centre display gondola, counter, electronic cash register, modern adjustable shelving etc.

Stockroom
Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 350 p.w. Gross profit 20% approx. In addition the business is agents of the sale of online national lottery tickets plus scratch cards & we understand this provides a commission of approximately 35 p.w.

Staff

At present operated by the vendor's son with the assistance of his wife & no staff are employed. (We have stated that the business is counter news, however we understand the present owner deliver 6 papers to elderly persons locally each day)

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 7 p.m.
Sunday opening - 8 a.m. - 12 noon

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 21 years full repairing and insuring lease at a rental of 14,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 39,950 plus STOCK AT VALUATION (15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 19,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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