Most superior well fitted VILLAGE SELF SERVICE STORES, COUNTER NEWS, CONFEC
Price:
Leasehold - £140,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Layby in front of parade providing free customers car parking. In addition there is additional parking opposite (restricted to 2 hours during the day)
Electric shutters to MODERN DOUBLE FRONTED SALES SHOP all refurbished and refitted approximately 5 years ago. Sales area in the region of 700 sq. ft. woodstrip floor, suspended ceiling with concealed lighting, 3.75m open cool display units (used for dairy, milk plus beers), slimline glass fronted fridge (on loan from Coca Cola), 1 glass topped ice cream deep freeze, 1 sliding double door glass topped chest deep freeze, double door glass fronted display fridge (on loan from Lucozade), modern adjustable shelving, 3 greeting card display stands (on loan). Post Office counter with anti-bandit screen (1 position plus parcel hatch), counter with adjoining combination post office counter, photocopier. CCTV system with 3 cameras, 2 monitors plus recording etc.
Kitchen with sink
Staff w.c. with wash hand basin
It will be appreciated upon inspection that adjoining the shop is a plot of land owned by the landlord and we understand that the landlord is prepared, subject to obtaining the necessary planning permission to build an extension to the existing shop which would provide we understand an additional sales area in the region of 700 sq. ft. in our opinion this would be a worthwhile extension, if required, however, there would obviously be an adjustment to the rental payable.
WE ARE INFORMED the turnover averages £5,000/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We understand from the vendor that the gross profit is in the region of 24%. Wholesale newsbill £150 p.w. (newspapers only). Post Office salary £32,000 p.a. approx. The Post Office can issue motor vehicle taxes plus Euros on demand.
We understand the premises are held on a secure renewable lease, the present lease having approximately 4 years unexpired at a rental of £10,400 p.a. exclusive of rates, fixed for the remainder of the term.
Uniform Business Rates: £887 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated end of parade of 4 shops, busy road, sought after residential area, ESSEX
Retail Shop -
Monday - Thursday inclusive - 8 a.m. - 9 p.m.
Friday - 8 a.m. - 10 p.m.
Sund
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