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Fully equipped DISCOUNT STORE (Selling household goods, cleaning materials,

Price:
Leasehold - £37,500
Turnover:
Register to view
Seller Ref:
M3557
Location:

Essex

Business Type:

Retail businesses

See Other:
Convenience stores for sale in Essex
Discount stores for sale in Essex
Household goods shops for sale in Essex
Retail businesses for sale in Essex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : We understand the business has a Premises Licence for the sale of wines, beers and spirits and in our opinion there is terrific potential to introduce the sale of wines, beers and spirits, subject obviously to obtaining the necessary Personal Licence.

SINGLE FRONTED SALES SHOP probably in the region of 600 sq. ft. sales area with non-slip floor, suspended ceiling with inset lighting, modern adjustable shelving, 3.75m open cool display unit, ice cream deep freeze (owned) etc.

Stockroom
Staff w.c. and wash hand basin

In addition there are 2 further rooms at rear, not utilized at present

WE ARE INFORMED the turnover currenly averages £3,850 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable lease from a private landlord, the present lease havig approximately 13 years unexpired at a rental of £13,500 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5 years.

Unform Business Rates: £1,250 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £37,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy road, residential area, ESSEX
Trading Hours:
7.30 a.m. - 7.30 p.m. seven days per week
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