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Convenience Store

Price:
Leasehold - £20,000
Turnover:
Register to view
Seller Ref:
G5610
Location:

Essex

Business Type:

Retail businesses

See Other:
General stores for sale in Essex
Convenience stores for sale in Essex
Confectioners for sale in Essex
Retail businesses for sale in Essex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SUMMARY:

• PRICE (LEASEHOLD) £20,000
• GROSS PROFIT 35%
• TURNOVER £2,500/£2,500 p.w.
• SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S ILL HEALTH.


DESCRIPTION:

Single fronted with electric shutters, tiled floor, suspended ceiling with fluorescent lighting. Well equipped including sales counter, electronic cash register, modern adjustable shelving, CCTV system including 4 cameras, 1 monitor and video recorder, upright double-door drinks fridges, ice cream freezer.
• Stock room / Store room.
• Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED by the vendor the turnover averages £2,500/£2,500 p.w. Gross profit 35% approx.

We understand the premises are held on a secure renewable lease from the private landlord for a period of 13 years and currently has 4 years unexpired next review in 1 year at a rent of £9,750 p.a. with reviews every 4 years

Uniform Business Rates: £4,200 p.a. approx.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 or reasonable offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Location Details:
Situated in a Parade, main road trading position, residential, office and commercial area, Essex.
Trading Hours:
7 Day week (Monday - Saturday) 8am - 8pm
Sunday 10am - 6pm
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