Search more Newsagents for sale in East Sussex
Reference C8881

Convenience Store in East Sussex For Sale

Convenience Store in East Sussex For Sale
Convenience Store in East Sussex For Sale Buy a Convenience Store in East Sussex For Sale Sell a Convenience Store in East Sussex For Sale Convenience Store in East Sussex For Sale for Sale Convenience Store in East Sussex For Sale for Sale

Register to see map and to make an appointment Situated in a parade of 4 shops, excellent main road trading position, EAST SUSSEX

Turnover 8,000
Price 97,500

Features

Well Established Superbly Fitted News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free off Licence Plus On Line National Lottery

Service road in front of shop

NO PARKING RESTRICTIONS providing ample customers' car parking

SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 600 sq. ft. sales area. All refitted in approximately December, 2016 at considerable expense. New tiled floor, suspended ceiling with concealed lighting. The equipment includes 1-2.5m open cool display unit (used for wines & beers), 1 additional 3.75m open cool display unit (used for soft drinks, milk & dairy produce), large glass topped chest display deep freezer, modern adjustable shelving, center display gondola, counter, touch screen till with scanning system, ice cream deep freezer etc.

Rear stockroom with shelving, upright glass fronted deep freezer, chest deep freezer, bake-off oven (not used at present)
Small kitchen area
Staff w.c.

Turnover

WE ARE INFORMED the turnover is in the regon of 8,000/8,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. It should be noted that a number of houses are being built in the area providing further potential for the business. Wholesale newsbill 1,200 p.w. Gross profit 22% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 80 p.w.

Staff

The business is at present operated by one of the owners relatives together with with 1 full time staff. 3 morning newsrounds. Delivery charge 2/3.70 p.w.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 9 p.m.
Sunday opening - 6 a.m. - 6 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED, comprises:

2 Double Bedrooms
Bathroom with bath, wash hand basin
Separate w.c.
Lounge with open fireplace (electric fire)
Kitchen with fitted units

Outside

Yard at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 19 years unexpired at a rental of 9,500 p.a. exclusive of rates for the next 4 years with rent review at that time and thereafter every 5 years.

OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL EQUIPPED NEWS, CONFECTIONERY, TOBACCO, CONVENIENCE GROCERIES PLUS FULL FREE OFF LICENCE IN THIS SOUGHT AFTER LOCALITY

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 97,500 plus STOCK AT VALUATION (18,000/20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 48,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Newsagents for sale in East Sussex

Buy a Convenience Store in East Sussex For Sale on NationwideBusinesses.co.uk