Very well established (26 years) business, situated in very busy location among multiples like KFC, NatWest, Wimpy, Ladbrokes, etc. and spacious shop measuring 2,000 sq. ft. approximately, very well equipped with centre display, gondolas, etc. Shop mainly trades in Newspapers/Magazine, gifts/ greetings and fireworks. Shop is well known in & around Essex for their firework stocks. Shop benefits from large storage at the rear and 3 bedroom flat with separate access and parking at the rear. Currently flat is used as storage and office space. Shop T/O - £15,500 PW with very high profit margin (50% Gross Profit Margin) plus National Lottery £4,000 PW plus Pay-point £3,000 PW. Potential to open for longer hours. Genuine retirement sale, new lease will be issued. Rent £23,000 PA (large shop & 3 bed flat). Offers are invited in the region of £199,950 plus STOCK.
Very Busy Location, situated on main Road among multiples like KFC, NatWest, Ladbrokes and local traders
Leasehold Term: NEW FRI LEASE
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