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Convenience Store, Newsagent and Off Licence in Bexhill-on-Sea For Sale

Convenience Store, Newsagent and Off Licence in Bexhill-on-Sea For Sale
Buy a Convenience Store, Newsagent and Off Licence in Bexhill-on-Sea For Sale Sell a Convenience Store, Newsagent and Off Licence in Bexhill-on-Sea For Sale Convenience Store, Newsagent and Off Licence in Bexhill-on-Sea For Sale for Sale Convenience Store, Newsagent and Off Licence in Bexhill-on-Sea For Sale for Sale

Register to see map and to make an appointment Situated in a terrace, main road trading position, residential area, EAST SUSSEX BEXHILL-ON-SEA

Turnover 3,000
Price 35,000

Features

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

DOUBLE FRONTED SALES SHOP probably in the region of 300 sq. ft. sales area with non-slip floor, suspended ceiling with LED lighting. We understand the shop was refitted approximately 3 years ago. Modern adjustable shelving, 1 double door glass fronted display deep freezer, 2 open cool display units, counter, electronic cash register etc.

Staff cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 3,000 p.w. in our opinion offering further potential to increse in the right hands. We are further advised that the gross profit is in the region of 22.5%.

Staff

The business is at present operated by a husband & wife team with the assistance of 1 part time staff.

Trading Hours

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

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of 3,144 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION (10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 17,500 (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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