Well established CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, F

Price:

Freehold - £1,200,000

Turnover:

Seller Ref:

G6236

Location:

Surrey

Business Type:

Retail businesses

See Other:

General stores for sale in Surrey
Confectioners for sale in Surrey
Convenience stores for sale in Surrey
Off licences for sale in Surrey
Supermarkets for sale in Surrey
Retail businesses for sale in Surrey

Description:

THE BUSINESS:

Nationwide are pleased to offer to the market : NO PARKING PROBLEMS

SPACIOUS SALES SHOP in the region of 1,600 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes counter, 2 electric cash registers, 2 large glass topped display deep freezes, 3-door sliding glass fronted display fridges, adjustable shelving, display gondolas, 4 greeting card display spinners (on loan), 2 greeting card stands with drawers under.

In our opinion the shop would benefit from a certain amount of refitting

Large stockroom
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,300 p.w. In addition the business has on line national lottery plus scratch cards and we understand this provides a commission of approximately £100 p.w.

Uniform Business Rates: £6,000 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 24 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, INCLUDING THE ADJOINING SHOP & TOGETHER WITH THE 3 FLATS OVER, GOODWILL, FIXTURES & FITTINGS in the region of £1.2 million plus STOCK AT VALUATION (£20,000 approx) subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Location Details:

Situated in a parade, residential area with school nearby, sought after SURREY

Trading Hours:

Summer Months
April - September - Monday - Friday - 7 a.m. - 9 p.m.
Saturday - 8 a.m. - 9 p.m

Accommodation:

Included in the sale are 2 SELF CONTAINED FLATS over, both let at present on shorthold tenancies, 1 of the flats providing a rental income of £950 per month whilst the other flat provides a rental income currently of £850 per month. Each SELF CONTAINED FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, shower over bath, w.c. and wash hand basin
Lounge with fitted kitchen area

ALSO INCLUDED IN THE SALE IS AN ADJOING FREEHOLD SHOP in the region of 800 sq. ft. including stock plus staff w.c. and wash hand basin. IN ADDITION INCLUDED IN THE SALE IS A FURTHER 3 BEDROOM FLAT OVER currently let on a shorthold tenancy and providing an additional rental income of £850 per month.