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Reference G8233

Supermarket in Surrey For Sale

Register to see map and to make an appointment Situated in a parade, residential area, near school, SURREY

Turnover 14,000
Price 150,000

Features

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

Service road in front of parade with no parking restrictions

SPACIOUS SALES SHOP in the regionof 1,000 sq. ft. sales area with tiled floor, fluorescent lighting. Well equipped including 2 tills with scanning system, 2 ice cream deep freezers, 2 open cool display units, 2 large glass topped display deep freezers, modern shelving, display gondolas.

2 Stockrooms
Kitchen
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 14,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 1,200 p.w. Gross profit 20% approx.

Staff

At present operated by the vendor on a part time basis with the assistance of 1 full time & 2 part time staff.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

7 a.m. - 11 p.m. seven days per week

Outside

Garden at rear (in our opinion offering potential to extend the shop at the rear, subject to the necessary planning permission, if desired)

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15/20 years full repairing and insuring lease at a rental of 24,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 2,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 150,000 plus STOCK AT VALUATION (25,000/30,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 75,000 (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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