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Attractive Convenience Store & Adjoining Tea Room in Surrey For Sale

Attractive Convenience Store & Adjoining Tea Room in Surrey For Sale
Attractive Convenience Store & Adjoining Tea Room in Surrey For Sale Buy a Attractive Convenience Store & Adjoining Tea Room in Surrey For Sale Sell a Attractive Convenience Store & Adjoining Tea Room in Surrey For Sale Attractive Convenience Store & Adjoining Tea Room in Surrey For Sale for Sale Attractive Convenience Store & Adjoining Tea Room in Surrey For Sale for Sale Attractive Convenience Store & Adjoining Tea Room in Surrey For Sale for Sale Attractive Convenience Store & Adjoining Tea Room in Surrey For Sale for Sale

Register to see map and to make an appointment Sought after Country area, SURREY

Turnover 5,000
Price 89,000

Features

Most Attractive Semi-detached Village Stores, Counter News, Confectionery, Tobacco, Full Free off Licence Plus Adjoining Tearooms

Ample parking for approximately 20 cars (shared with the local Village Hall adjoining).

Front area with seating for 14 persons.

ATTRACTIVE DOUBLE FRONTED MEDIUM SIZED SALES SHOP, wooden strip floor. Well equipped including cool display serveover counter, till with EPOS scanning system, 2 upright single door glass fronted fridges, 3 glass topped display deep freezers, shelving, electric scales, 4 greeting card display stands, bread stand, 3 free standing display wooden units.

Side entrance to TEAROOMS with tiled floor. Tables and chairs providing seating for 20 persons.

KITCHEN with fridge, 2 microwaves. toaster, panini machine, tea urn, bread oven, coffee machine, upright deep freezer, 2 chest deep freezers, dishwasher, double sink & drainer, Turbo fan assisted oven, storage fridge (utilized when required), stock cupboards, 2 glass large display cabinets, cake display fridge.

Turnover

WE ARE INFORMED by the owner the turnover currently averages 5,000 p.w. (Shop 60% / Tearooms 40%)

Staff

The business is at present operated by the vendor with her son full time with the assistance of 3 part time staff as required

The tearooms are at present operated on a low key basis and in our opinion offers terrific potential for development. In our opinion there is also potential to cater for buffets at the adjoining village hall. Also longer hours & takeaway potential, if desired.

Trading Hours

6 Day week
MONDAY 10.30am - 5.30pm
TUESDAY - THURSDAY 9.30 am - 5.30pm
CLOSED FRIDAY
SATURDAY & SUNDAY 8.30 am - 5pm

Accommodation

The SPACIOUS living accommodation with FULL OIL FIRED CENTRAL HEATING, comprises:

Ground Floor
Fully fitted kitchen

First Floor
Large Lounge (3.9mx4.4m) with open fireplace
Dining room with fireplace
3 large double bedrooms with wash hand basin 5mx3.2m,
Bathroom with bath, shower over bath, w.c. & wash hand basin

Outside

Large garden with lawn, potential to develop into a tea garden.
Large shed (7m x 3.5m (lighting but no heating).

Tenure

We understand the premises are held on a secure renewable Trust Lease, the present lease expiring in September, 2029 at a rental of 11,000 p.a. exclusive of rates, with rent reviews every 3 years. In light of the pandemic the rent review was deferred to September 2021, although the vendor feels the rent is unlikely to increase.

It should be noted that the adjoining shop is a Village Hall. A voluntary arrangement is included in the lease that the owners take responsibility for looking after the Village Hall, handling all bookings, ensuring the cleansiness and for doing this a reduction in the rent is awarded. The current rental of 11,000 p.a. is reduced to 5,000 p.a. for the caretaker agreement.

Uniform Business Rates: Nil payable at present after small business relief

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 89,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 44,500 (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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