Convenience Store and Off Licence in East Sussex For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, EAST SUSSEX

Turnover £ 6,000
Price £59,500

Features

Convenience Store & off Licence with Pay Point, Western Union Money Transfer, Ubereats and Deliveroo

DOUBLE FRONTED PREMISES. Laminate floor, suspended ceiling with LED light panels. Sales counter, touchscreen till, Slush machine, cigarette gantry 2- 2.5m double door fridges, ice cream freezer, 2.5m double door fridge, under- counter freezer, Lavazer coffee machine, adjustable shelving. CCTV (8 cameras).

Storeroom

Staff cloak room with toilet and sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. with a gross profit of 28% approx. WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of £50 per week approx. from Western Union.

We are advised the vendor has applied for National Lottery.

Staff

The business is at present operated by staff with 1 full time staff plus the assistance of 1 part time staff.
We are informed the wage bill averages £900 p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 9 a.m - 11 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2021 with reviews every 3 years (next review 2024) at a current rent of £14,400 p.a.

UBR - presently under review

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 29,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote