Traditional Sweet Shop in Suffolk For Sale

Situated in a small parade, excellent High Street trading position, residential, office and commercial area, Suffolk

Turnover £ 1,700
Price £39,500

Features

Long Established Traditional Sweet Shop

6 DAYS OPENING

Offering an out of hours 'Unique Sweet Shop lock in experience that comes with an online booking process and an established pipeline of bookings'

SINGLE FRONTED PREMISES in the region of 340 ft² with laminated strip floor, ceiling with spot lights, Air conditioning with hot air, sales counter, cash register, 2 x weighing scales, cool display counter with refrigerated storage section, shelving, ice cream freezer

Toilet with w.c. and wash hand basin.

First floor in the region of 170 ft² with Vintage clothes shop / Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,700 p.w. with a Gross profit of 50% approx. Net Profit in the region of £22,000

Staff

The business is at present operated by the vendor

Trading Hours

6 Day week
MONDAY - THURSDAY 10am - 4pm
FRIDAY & SATURDAY 10am - 5pm

There is potential to increase opening hours, online proposition and availability of lock in experiences.

Outside

Small Yard for bins

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a lease (private landlord) at a current rent of £5,500 p.a. - lease due to expire Oct 2024 L will grant a new lease

NIL Business Rates after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £39,500 plus STOCK AT VALUATION (£2,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 19,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote