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Reference G7857

Convenience Store in Battle For Sale

Convenience Store in Battle For Sale
Buy a Convenience Store in Battle For Sale Sell a Convenience Store in Battle For Sale Convenience Store in Battle For Sale for Sale

Register to see map and to make an appointment Situated residential area, sought after EAST SUSSEX BATTLE

Turnover 6,000
Price 45,000

Features

Self Service Convenience Store, Counter News (not Direct Supplies), Full Free off Licence

ATTRACTIVE TRIPLE FRONTED SALES SHOP in the region of 700 sq. ft. sales area with non-slip floor, fluorescent lighting. Fully equipped including counter, till with EPOS scanning system, 1-3.75m open cool display unit (used for beers & soft drinks), 1 large glass topped chest display deep freezer, 2 small open cool display units, ice cream deep freezer (owned) etc.

Stockroom
Staff w.c. & wash hand basin
Kitchen

Turnover

WE ARE INFORMED the turnover currently averages 6,000/6,500 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 24%.

Staff

The business is at present operated by the owner on a part time basis with the assistance of 4 part time staff.
It will be appreciated upon inspection that with an active husband & wife team the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 7.30 a.m. - 9 p.m.
Sunday opening - 8 a.m. - 9 p.m.

Tenure

We understand the premises are held on a secure renewable lease having approximately 12 years unexpired at a rental of 4,800 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 45,000 plus STOCK AT VALUATION (12,000/15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 22,500 (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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