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Newly fitted DETACHED SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECT

Price:
Leasehold - £125,000
Turnover:
Register to view
Seller Ref:
G6089
Location:

East Sussex

Business Type:

Retail businesses

See Other:
Supermarkets for sale in East Sussex
Confectioners for sale in East Sussex
Off licences for sale in East Sussex
General stores for sale in East Sussex
Convenience stores for sale in East Sussex
Retail businesses for sale in East Sussex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : No Parking Problems

IMPRESSIVE SALES SHOP approximately 850/900 sq. ft. sales area all newly fitted approximately 14 months ago. Automatic entrance door, ceramic tiled floor, suspended ceiling with concealed lighting. The equipment includes counter with 2 till and EPOS scanning, cigarette gantry (on loan), 3-tier ice cream deep freeze, 3.75m open cool display unit (used for wines), 1-2m open cool display unit (used for milk and dairy produce), 1-2m open cool display unit (used for soft drinks and water), 1-1.5m open cool display unit (used for bacon, vegetables etc), 3 centre display gondolas.

Stockroom/kitchen area
Staff cloakroom with w.c. and wash hand basin

There are a further 2 brickbuilt stores rented from the same landlord at currently £100 per month.

WE UNDERSTAND the business commenced trading in March, 2010 and we are advised the turnover is currently in the region of £10,000/£12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £350 p.w. Gross profit 22% approx.

We understand the shop premises are held on a renewable lease for a period of 20 years from March, 2010 at a rental of £12,000 p.a. exclusive of rates up to March, 2015, with rent review at that time and thereafter every 5 years.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED CONVENIENCE STORE COMBINED WITH FULL FREE OFF LICENCE IN THIS RESIDENTIAL AREA.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION (£30,000/£40,000 approx. can be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Residential area, EAST SUSSEX
Trading Hours:
Sunday - 7 a.m. - 10.30 p.m.
Monday, Tuesday, Wednesday & Thursday - 6.30 a.m. - 10.30 p.m.
Fr
Accommodation:
Available as an optional extra from the same landlord is the SELF CONTAINED ACCOMMODATION over, with FULL GAS FIRED CENTRAL HEATING, available as stated as an optional extra on a shorthold tenancy at a rental of £970 per month. The accommodation comprises:

3 Bedrooms (1 double, 2 singles)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units

Parking space at rear for 2 cars
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