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Reference G8482

Convenience Store & Off Licence in Surrey For Sale

Register to see map and to make an appointment Situated in a small parade, busy road, residential area SURREY

Turnover 14,000
Price 135,000

Features

Superbly Fitted Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

Electric shutters to SPACIOUS SALES SHOP probably in the region of 1,500 sq. ft. sales area with quality tiled floor, suspended ceiling with LED lighting, 5-door upright glass fronted display deep freezer, 2-3.75m plus 1-2.5m open cool display unit combined & used for the sale of dairy produce, milk etc. adjoining milk cool display unit (not utilized at present), 1-3.75m plus 1-2.5m cool display united combined & used for wines & beers, modern adjustable shelving, centre display gondolas, 2 curved large display deep freezers, counter, 2 electronic cash registers with scanning (software licence fee payable).

Large Stockroom with side door access for deliveries
Office
Staff/disabled cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 14,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 20%. The business is agents for the sale of on line national lottery tickets plus scratchcards & we understand this provides a commission of approximately 50 p.w. The business also has Oyster. The business is also agents for Hermes Parcel Service & we understand this provides a commission of approximately 100 p.w.

Staff

At present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

Sunday - Thursday inclusive - 7.30 a.m. - 10 p.m.
Friday & Saturday - 7.30 a.m. - 11 p.m.

Tenure

We understand the premises are held on a new 20 years lease from November, 2019 at a rental of 28,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

EPC Rating: C (67)

Uniform Business Rates 2020 / 2021: Nil payable 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 135,000 plus STOCK AT VALUATION (30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 67,500 (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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