Search more Convenience Stores for sale in West Sussex
Reference G8451

Convenience Store in West Sussex For Sale

Register to see map and to make an appointment Situated in a parade of shops, sought after residential area, WEST SUSSEX

Turnover 9,000
Price 75,000

Features

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

DOUBLE FRONTED SALES SHOP approximately 500 sq. ft. sales area with laminated strip floor, fluorescent lighting. Well equipped including 2 upright glass fronted display deep freezers, 1 ice cream deep freezer (owned), 1-2.5m Arneg open cool display unit (used for chilled foods & milk), 1 3.5m Arneg open cool display unit (used for wines, beers & soft drinks), 1 chest deep freezer, counter, 1 till with EPOS scanning system, modern adjustable shelving, centre display gondola etc.

Stockroom with shelving
Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 9,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 450 p.w. Gross profit 22% approx. In addition the business the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 140 p.w.

Staff

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

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 9 p.m.

Outside

Small yard at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of 10,500 p.a. exclusive of rates for the next 3 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: 1,400 p.a. approx. (should be reduced with small business relief)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 75,000 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 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Convenience Stores for sale in West Sussex

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