Convenience Stores for sale in West Sussex

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Imran Ahmed (Nov 2014)
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Leasehold Price: £240,000 Weekly Turnover: £18,000
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Business Description

Electric shutters to DOUBLE FRONTED SALES SHOP in the region of 1,100 sq. ft. sales area with carpet tiled floor, fluorescent lighting. The equipment includes counter, 2 electronic cash registers, ice cream deep freezer, 1 glass topped display deep freezer, 4-3.75m open cool display units, 1 greeting card display spinner etc.

Rear storage area
Staff w.c. & wash hand basin.

Turnover : WE ARE INFORMED the turnover currently averages £18,000 p.w. inclusive of VAT, in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £500/£600 p.w. We are further advised that the gross profit is in the region of 24%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £150 p.w. The business also has Western Union Money Transfer & we understand this provides a further revenue of approximately £600 per month. We are further advised that Money Gram is shortly being introduced.

Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:
7 a.m. - 10 p.m. seven days per week

Number of Employees:

The business is at present operated by 2 partners with the assistance of their wives plus additonal family help on a part time basis.

Tenure: Leasehold

Number of bedrooms: 4

Accommodation Details:

The SPACIOUS living accommodation in the form of a SELF CONTAINED MAISONETTE over, is at present used for private use, however could be sublet to provide a rental income if not required for personal use. The MAISONETTE comprises:

3 bedrooms (1 double, 1 small double, 1 single)
Partly tiled bathroom with bath, w.c. & wash hand basin
Large lounge
Fitted kitchen

In addition to the main accommodation, there is a SELF CONTAINED FLAT on the first floor also at present used by the owners, however if not required for personal use has the potential to be let on a shorthold tenancy to provide a rental income. The FLAT with DOUBLE GLAZING, comprises:

Double Bedrooms
Mainly tiled bathroom with bath, w.c. wash hand basin (new suite)
Fitted kitchenSeparate building at rear with ground & first floor used for storage purposes
Small yard

Location Details:

Situated in a parade, excellent trading position, WEST SUSSEX

Listed by: Nationwide Businesses Ltd
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