Convenience Store with Post Office and Cafe in Surrey For Sale

Excellent trading position, sought after residential area, SURREY

Turnover £ 5,000
Post Office £ 50,000
Price £149,500

Features

Self Service Convenience Store, Stationery, Greeting Cards, Full Free off Licence with Main Post office Plus Café, Burgers, Milkshakes

SPACIOUS SALES SHOP approximately 1,500 sq. ft. including storage area. We understand the shop was refitted in June, 2017 at considerable expense. Tiled floor, ceiling with LED lighting, new adjustable shelving, 2-3.75m open cool display units, counter, till with EPOS scanning system, upright double door glass fronted display deep freezer. Post office open plan counter plus 1 secure post office counter.

CAFÉ seating 8 persons. 2 group coffee machine, Merry Chef oven, air fryer, blender, juicer, 2 fridges, 1 topping fridge, 2 freezers.

Stockroom
Kitchen area
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 65%. We further understand that the post office income is in the region of £50,000 p.a. (including lottery commission). We are further advised the Café averages £1,500 p.w. Gross profit 65%.

Staff

2 full time plus with the assistance of the vendor as required.

Trading Hours

Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
CLOSED SUNDAY

Accommodation

The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING at present let & providing a rental income of £2,000 per month. The accommodation comprises:

3 Double Bedrooms
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large lounge
Fully fitted kitchen
Cloakroom with w.c. & wash hand basin

Outside

Parking space for 2 cars

Tenure

We understand the entire premises are held on a secure renewable 25 years lease from 2017 at a rent of £35,000 p.a. exlusive of rates, currently due for rent review. (As will be appreciated with the current rental income of £24,000 p.a. from the accommodation, the net rental payable at the present time is only £11,000 p.a).

Uniform Business Rates: £1,300 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £149,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 74,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote