Turkish Convenience Store in East Sussex For Sale

Situated in a parade of shops, close to town centre, EAST SUSSEX

Turnover £ 2,250
Price £30,000

Features

Old Established Turkish Convenience Store

Established 2012
FORECOURT FOR DISPLAYS

DOUBLE FRONTED PREMISES in the region of 385 ft² WITH CANOPY, fluorescent lighting, carpet tiled floor, sales counter, cash register, scales, 2 x display fridge (glass fronted upright double-door), display fridge (glass fronted), 2m glass topped deep freeze, ice cream freezer.

Staff Toilet with w.c. and wash hand basin.

Basement, used for storage purposes.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 - £2,500 p.w. with a Gross profit of 35% approx.

Staff

The business is at present operated by the father & son team plus mum on a part time basis

Trading Hours

7 Day week
MONDAY - SUNDAY 8am - 6pm

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 2017 with reviews every 5 years (next review 2027) at a current rent of £6,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2012, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION (£8,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 15,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote