Well fitted Farm Shop in Surrey For Sale

Unopposed trading position, residential area, Surrey.

Turnover £ 3,500
Price £40,000

Features

Well Fitted Farm Shop (not Suitable For off Licence)

5 DAYS OPENING ~ 5 STAR HYGIENE RATING

LARGE CAR PARK

* THE SALE OF ALCOHOL IS NOT PERMITTED *

DOUBLE FRONTED PREMISES in the region of 865 ft² with Amtico flooring, ceiling with spot lights, Air conditioning with hot air, large cool display counter with refrigerated storage section, 2 x EPOS till, scales, shelving, 2 x display fridge (glass fronted upright four-door), 4 x glass display freezer.

Toilet with w.c. and wash hand basin.

Kitchen.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a Gross profit of 40% approx.

Staff

The business is at present operated by the vendor's wife, and daughter in law with the assistance of 1 part time staff.

Trading Hours

5 Day week
TUESDAY - SATURDAY 10am - 5pm

It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in November 2020 with reviews every 5 years (next review 2025) at a current rent of £18,000 p.a. + VAT

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

Business Rates from April 2024 £1,100 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£5,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 20,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote