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Reference G8269

General Store in Surrey For Sale

Register to see map and to make an appointment Situated in a parade, busy road, SURREY.

Turnover 7,000
Price 67,500 / 295,000

Features

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

DOUBLE FRONTED SALES SHOP in the region of 450 sq. ft. sales area, ceiling with fluorescent lighting. Fully equipped including modern shelving, centre display gondola, 1-3.75m open cool display unit, 1-2.5m open cool display unit, 2 glass topped chest display deep freezers, counter, electronic cash register, cigarette gantry (on loan) etc.

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

LARGE BASEMENT ideal for storage purposes

Turnover

WE ARE INFORMED the turnover is in the region of 7,000/7,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 225 p.w. We are further advised that the gross profit is in the region of 20%. The business has Paypoint.

Staff

The business is at present operated by the vendor with the assistance of 1 full time & 2 part time staff.

Trading Hours

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

Outside

Rear access with parking for 1/2 cars

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared go grant a new 15 years full repairing and insuring lease at a rental of 12,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 67,500 plus STOCK AT VALUATION (20,000/25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE FREEHOLD SHOP PREMISES, GOODWILL, FIXTURES & FITTINGS 295,000 plus STOCK AT VALUATION (20,000/25,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 33,750 (lease) 206,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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