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Attractive VILLAGE SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTION

Price:
Leasehold - £59,500
Turnover:
Register to view
Seller Ref:
G6216
Location:

West Midlands

Business Type:

Retail businesses

See Other:
Supermarkets for sale in West Midlands
Convenience stores for sale in West Midlands
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Retail businesses for sale in West Midlands
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : NO PARKING PROBLEMS

Front area with 3 parking spaces allocated to the shop plus front lawned area.

4 windows to SPACIOUS SALES SHOP probably in the region of 900 sq. ft. sales area, new laminated strip floor. We understand the shop was recently refitted at a cost of £25,000/£30,000. The equipment includes 3 glass sliding topped chest display deep freezes, modern adjustable shelving, centre display gondola, 3m open cool display unit (used for wines, beers and milk), 1-1½m open cool display unit (used for fruit & greens), upright slimline glass fronted drinks display fridge (on loan from Coca Cola), counter, EPOS scanning system with till, cigarette gantry (on loan), CCTV system with 8 cameras, 3 monitors plus recording.

Rear stock area
Staff w.c. and wash hand basin

WE ARE INFORMED the turnover averages £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £250 p.w. Gross profit 25% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a current rental of £17,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£25,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Sought after residential area approx. 300 metres from the seafront, WEST SUSSEX.
Trading Hours:
7 a.m. - 10 p.m. seven days per week
Accommodation:
The SPACIOUS SELF CONTAINED ACCOMMODATION with FULL GAS FIRED CENTRAL HEATING comprises:

First Floor
Kitchen with fully fitted units
Lounge
Separate Dining Room (or additional bedroom)
1 Double Bedroom
Bathroom with bath, separate shower, w.c. and wash hand basin

Stairs to Second Floor comprising:
2 Further Double Bedrooms

Rear paved garden.
Storage shed.
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