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Convenience Store with Post Office local in Surrey For Sale

Convenience Store with Post Office local in Surrey For Sale
Convenience Store with Post Office local in Surrey For Sale Buy a Convenience Store with Post Office local in Surrey For Sale Sell a Convenience Store with Post Office local in Surrey For Sale

Register to see map and to make an appointment Busy road sought after residential area SURREY

Turnover 8,000
Post Office 18,000
Price 140,000

Features

Well Established Detached Self Service Convenience Store, News, Confectionery, Tobacco, Full Free off Licence Plus Post office Local

SPACIOUS SALES SHOP in the region of 1,500 sq. ft. sales area. Laminated strip floor, fluorescent lighting. 2 air conditioning/heating units. We understand the shop was refitted in approximately 2008. Counter, 2 tills with EPOS scanning system, ice cream deep freezer, 2 glass topped chest deep freezers, 1 large cool display unit with glass doors (used for dairy produce, milk, pies, sandwiches etc), 1-2.5m open cool display unit with glass display doors (used for wines & beers), 1-3.25m cool display units with glass doors (used mainly for soft drinks & fruit & greens), modern adjustable shelving, photocopier (on loan agreement), 4 greeting card display stands (3 with drawers under), Bakeoff oven (on loan). Post office counter with screen.

Large rear stockroom with 2 storage deep freezers - part of the storage area is used for the marking up of newspapers in the morning
Office
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 2,400 p.w. We are further advised that the gross profit is in the region of 22%. We further understand that the post office income is in the region of 18,000 p.a. including the commission received from the sale of on line national lottery tickets plus scratch cards.

Staff

At present operated by a husband & wife team with the assistance of 1 full time staff. 3 persons are employed for the delivery of newspapers. Delivery charge 2.70 p.w.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 7 p.m.
Sunday opening - 7.30 a.m. - 2 p.m.
It will be appreciated upon inspection there is potential for additional opening hours if desired.

Accommodation

The accommodation in the form of a SPACIOUS SELF CONTAINED FLAT over with NIGHT STORAGE HEATERS, comprises:

2 Double Bedrooms
Bathroom with bath, wash hand basin
Separate w.c.
Large Lounge
Fitted Kitchen

Included in the lease is an ADDITIONAL SELF CONTAINED FLAT which is currently let on a shorthold tenancy & provides a rental of 900 per calender month. The second flat comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge/Dining Room
Kitchenette

Outside

Small yard

Tenure

We understand the entire premises are held on a secure renewable lease having 7 years unexpired from November, 2016 at a rental of 40,000 p.a. exclusive of rates up to November, 2019, with rent to be agreed thereafter. (As will be appreciated with the current rental income of 10,800 p.a. from the second flat, the net rental payable at the present time is 29,200 p.a. exclusive of rates).

Uniform Business Rates: 15,500 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 13 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 140,000
plus STOCK AT VALUATION (30,000 approx. plus news accounts).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 70,000 (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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