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Old established NEWS, CONFECTIONERY, TOBACCO, CONVENIENCE GROCERIES, FULL F
Price:
Leasehold - £69,500
Freehold - £430,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Forecourt to attractive DOUBLE FRONTED SALES SHOP approx. 600 sq. ft. sales area with counter. Air conditioning/heating unit. Counter, till with EPOS scanning system, 2 upright glass fronted drinks display fridges, 1-2m open cool display unit, ice cream deep freeze (owned), small glass fronted fridge, 2 greeting card display stands with drawers under, modern adjustable shelving, hot drinks self service machine (owned), slush machine (on loan), centre display gondola. CCTV system with 6 cameras, 3 monitors plus recording.
It will be appreciated upon inspection that there is potential to enlarge the shop into the dining room at rear, if desired.
WE ARE INFORMED the turnover averages £6,000/£6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £600 p.w. We are further advised that the sales year ending 31st October, 2009 showed £266,127 plus commission of £5,515 providing total sales of £271,642 with a gross profit of £74,903. We are further advised by the vendor that the gross profit year ending October, 2010 showed in the region of £79,000. We understand the business is also a Moneygram Agent. In addition there is an external ATM machine and we are advised this provides a rental income of £2,000 p.a.
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease at a rental of £16,500 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. (As will be appreciated with the rental income from the ATM machines of £2,000 p.a. the net rental payable would only be £14,500 p.a. exclusive of rates).
Uniform Business Rates: £2,700 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £430,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
End of a parade of 3 shops, residential area with the advantage of 3 schools nearby, SURREY
Monday - Friday inclusive - 6 a.m. - 7.30 p.m.
With the exception of Monday evening when the busi
The SPACIOUS living accommodation all in GOOD CONDITION, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Double Bedrooms (1) 12' x 11' approx. with fitted wardrobes (2) 13' x9' approx.
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Large lounge approx. 24' x 11'
Ground Floor
Dining room
Fully fitted kitchen
In addition there is a large integral garage, utilized for storage
Small courtyard with flower borders plus paved area providing car parking space
North Yorkshire
£ 750,000
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Business Services that may be of Interest:
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