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Reference G7995

Convenience Store in Essex For Sale

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

Register to see map and to make an appointment Situated in a parade, densely populated residential area, ESSEX

Turnover 10,000
Price 100,000

Features

Self Service Convenience Store, Full Free off Licence

Parking in front of parade (restricted to 2 hours during the day)

DOUBLE FRONTED SALES SHOP probably in the region of 750 sq. ft. sales area with tiled floor, fluorescent lighting. Well equipped including modern adjustable shelving, 2 electronic cash registers (only 1 used at present), 5m open cool display unit (comprising 2 units) etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 10,000 p.w. in our opinion offer tremendous potential for further increase in the right hands.

Staff

At present operated by the vendor on a part time basis with the assistance of 1 full time & 1 part time staff.

Trading Hours

10 a.m. - 10 p.m. seven days per week

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of 8,500 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 100,000 plus STOCK AT VALUATION (20,000/25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 50,000 (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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