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Reference G8903
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
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