Semi Detached Convenience Store and Off Licence in Surrey For Sale

Semi-detached property, main road trading position, residential area, Surrey.

Turnover £ 7,500
Price £125,000

Features

Modern Convenience Store with Off Licence and Pay Point

SINGLE FRONTED PREMISES, in the region of 650 ft², CCTV (8 cameras), ceramic tiled floor, suspended ceiling with LED lighting.

Sales counter, EPOS cash register, 2 x 3.5m chillers, ice cream freezer, 2 x double door freezers, modern adjustable shelving, vape display cabinet, etc.

Large Store room - Shelved.

Staff cloakroom with toilet and wash hand basin.

Staff rest area.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. - £8,000 p.w. with a Gross profit of 30% approx.

Staff

The business is at present operated by the Husband & Wife team with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 7 a.m. - 9 p.m.
SUNDAY 8 a.m. - 9 p.m.

Outside

Parking to front 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 15 years in 2022 with reviews every 3 years (next review 2025) at a current rent of £12,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022 AND OFFERED FOR SALE DUE TO FAMILY COMMITMENTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote