SUPERBLY FITTED SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY
Price:
Leasehold - £99,950
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : NO PARKING PROBLEMS
SPACIOUS SALES SHOP probably in the region of 600 sq. ft. sales area. Newly fitted in 2011 at we understand a cost of approximately £45,000. Ceramic tiled floor, suspended ceiling with concealed lighting, 1 upright double door glass fronted display deep freeze, 2 glass topped chest deep freezes, 2-3.75m open cool display units, all new shelving, centre display gondola, long counter with 2 tills and EPOS scanning etc.
Stockroom
Staff w.c. and wash hand basin
WE ARE INFORMED the turnover currently averages £12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale news bill £600 p.w. Gross profit 23% approx. In addition the business has Paypoint and we understand this provides a further income of approximately £40 p.w.
We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of only £6,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
Uniform Business Rates: £1,700 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,950 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, busy road, residential area, WEST SUSSEX
7 a.m. - 10 p.m. seven days per week
Although the business is a Lock-up, we understand from the present tenant that there is potential to rent a 2 or 3 bedroom flat in the parade from the same landlord. We understand the accommodation would be made available to an approved applicant on a shorthold tenancy at a rental in the region of £500/£600 per month.
Small yard at rear with parking space for 1 car for the shop.
North Yorkshire
£ 750,000
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