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Reference G8308

Convenience Store in Surrey For Sale

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

Turnover 4,000
Price 27,000

Features

Self Service Convenience Store, Mainly Counter News, Confectonery, Tobacco

DOUBLE FRONTED SALES SHOP in the region of 400 sq. ft. sales area with carpet tiled floor, suspended ceiling with concealed lighting. The equipment includes 2 greeting card stands with drawers under, upright glass fronted double door fridge (on loan from Coca Cola), glass fronted chest deep freezer, fridge/freezer, Slush machine, coffee machine, centre display gondola, ice cream deep freezer etc.

Storage area. In our opinion the shop could be extended into the storage area.

Staff w.c. & wash hand basin
Kitchen

Turnover

WE ARE INFORMED the turnover is currently in the region of 4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. The business also has Paypoint. In our opinion there is potential to introduce the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence. We are further advised that the gross profit is in the region of 24%.

Staff

The business is at present operated by a husband & wife team & no staff are employed.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 6 p.m.
Saturday opening - 7.30 a.m. - 5 p.m.
NO SUNDAY TRADING (in our opinion there is potential for Sunday opening, if desired).

Accommodation

The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

First Floor
Lounge
Separate Dining Room (or bedroom)
Shower room with shower, w.c. & wash hand basin
Kitchen

Stairs to loft area comprising Double Bedroom

Outside

Paved garden

Tenure

We understand the landlady, subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease at a rental of 20,400 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates currently 893 p.a. after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 27,000 plus STOCK AT VALUATION (8,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 13,500 (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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