PROFITABLE SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, GR
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 500/600 sq. ft. sales area. Well equipped including tiled floor, suspended ceiling with concealed lighting, air conditioning/heating unit. Counter, electronic cash register, cigarette gantry (on loan), centre display gondola, 1 greeting card display stand plus additional card display unit, 2m open cool display unit (used for beers and wines), 1-1m open cool display unit (used for soft drinks), 1-2.5m open cool display unit (used for dairy produce, milk etc), glass fronted ice cream deep freeze (owned), spacious magazine display shelving, hot drinks machine etc.
Stockroom with upright fridge plus upright double door glass fronted fridge
Staff cloakroom with w.c. and wash hand basin
Small office
Cellar, ideal for storage purposes
WE ARE INFORMED the turnover averages £13,000 p.w. inclusive of VAT, in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,800/£2,000 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a further revenue of approximately £80 p.w. We are further advised that the trading and profit and loss accounts year ending 31st July, 2010 show sales of £593,427 with a gross profit of £125,951 plus lottery commission of £4,210 providing a total gross profit of £130,161.
We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a current rental of £11,000 p.a. exclusive of rates. We understand there was a rent revision due in 2010 and no increase at the present time has been requested. We are further advised that the rent reviews are every 4 years.
Uniform Business Rates: £3,200 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
ALL OFFERS CONSIDERED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, sought after residential area, EAST SUSSEX
Monday - Saturday inclusive - 5 a.m. - 10 p.m.
Sunday opening - 5 a.m. - 6 p.m.
North Yorkshire
£ 750,000
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