Convenience Store with Off Licence in Surrey For Sale

Situated in a parade, excellent High Street trading position, residential and commercial area, sought after affluent SURREY town

Turnover £ 13,500
Price £250,000

Features

Convenience Store, Newsagents, off Licence, National Lottery and Parcel Services



DOUBLE FRONTED PREMISES, in the region of 850 ft², WITH ELECTRIC SHUTTERS, Cctv (16 cameras), Tiled flooring, suspended ceiling with LED lihghting.

EPOS cash register (2 positions), 5m chiller with doors, 4.5m chiller with doors, double door chiller, triple door freezer, ice cream freezer, freezer for ice, adjustable shelving, sluchy machine, etc.

2 storerooms, shelved.

Staff cloakroom with toilet and wash hand basin.

Turnover

Revenue: £13.5k average - 22 %

Commissions: approx £1.5k pcm (paper, lottery, all parcel services & Deliveroo)WE ARE INFORMED by the owner the turnover currently averages £13,500 p.w. with a Gross profit of 22% approx.. Wholesale newsbill £700 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £75 per week approx.
PARCEL services £750 per month approx.
PAY POINT £420 per month approx.

Staff

The business is at present operated by the 2 partners with 1 full time staff employed. with the assistance of 1 part time staff. Newspaper and magazine deliveries to 40 households. Delivery charge £5.85 p.w.

Trading Hours

7 Day week
MONDAY - SUNDAY 6.30 am - 9.30 pm

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to flat above comprising;

3 bed flat
Fitted kitchen
Living room
Bathroom with bath, shower cubicle, toilet and wash hand basin
3 Bedrooms (2 doubles, 1 single)

Outside

Small garden and parking for 3 vehicles.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2024 with reviews every 5 years (next review 2029) at a current rent of £24,000 p.a.

Business Rates from April 2025 £1,740 approx. after small business relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 125,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote