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SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL

Price:
Leasehold - £179,950
Turnover:
Register to view
Seller Ref:
G5964
Location:

Essex

Business Type:

Retail businesses

See Other:
Off licences for sale in Essex
Confectioners for sale in Essex
Supermarkets for sale in Essex
Convenience stores for sale in Essex
General stores for sale in Essex
Retail businesses for sale in Essex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Spacious fully equipped Self Service Convenience Store catering for English, Asian, African and West Indian Foods.

IMPRESSIVE SALES SHOP in the region of 2,200 sq. ft. sales area with tiled floor, suspended ceiing with concealed lighting. Newly fitted we understand approximately 4 years ago. Modern adjustable shelving, centre display gondola, 3 glass topped chest deep freezes, large open cool display unit (2 combined units) utilized for dairy, soft drinks, fruit and greens, 1 large open cool display unit (used for wines and beers), double door glass fronted display fridge (on loan from Coca Cola), counter, 2 electronic cash registers, electronic scales.

Stockroom with shelving
Staff w.c. and wash hand basin

WE ARE INFORMED the turnover averages £20,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £150 p.w. Gross profit we are advised in the region of 25/30% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of £31,500 p.a. exclusive of rates, with rent reviews.

Uniform Business Rates: £20,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £179,950 plus STOCK AT VALUATION (£70,000) approx.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, densely populated residential and commercial area, ESSEX
Trading Hours:
24 hours per day seven days per week
Accommodation:
Rear yard with parking space
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