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Reference G7992

Convenience Store in Surrey For Sale

Convenience Store in Surrey For Sale

Register to see map and to make an appointment Main road trading position, large residential area, SURREY

Turnover 7,200
Price 75,000

Features

Detached Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus On Line National Lottery

The business is situated in an excellent main road trading position, expanding area with flats being built.

Forecourt with parking for 4 cars to -

SPACIOUS SALES SHOP in the region of 1,400 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting & well equipped including modern adjustable shelving, 2 centre display gondolas, 1-5m open cool display unit (used for milk & dairy produce), 2-2m open cool display units (used for soft drinks), 1 double door glass fronted display fridge (used for wines & beers), 3 greeting card display stands, long counter with 2 touchscreen tills with scanning. CCTV system with 8 cameras, 2 monitors plus recording etc.

Kitchenette
2 staff cloakrooms each with w.c. & wash hand basin
Office
Storeroom with 1 upright double door & 1 upright single door glass fronted fridges (not utilzed at present)

Turnover

WE ARE INFORMED the turnover curently averages 7,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 400 p.w. Gross profit 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of between 90/100 p.w. We further understand that Paypoint has recently been installed.

Staff

At present operated by 2 partners & no staff are employed.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 8 a.m. - 9 p.m.

Outside

Driveway plus parking at rear for approximately 8 cars

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of 16,500 p.a. exclusive of rates up to June, 2021 with rent to be agreed thereafter.

Uniform Business Rates: 7,140 p.a. approx.

EPC Rating 58 (C)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 75,000 plus STOCK AT VALUATION (25,000/30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 37,500 (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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