Profitable SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOB
Price:
Leasehold - £83,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : SINGLE FRONTED SALES SHOP approx. 550 sq. ft. sales area with tiled floor, suspended ceiling. The equipment includes counter, 3 electronic cash registers, modern adjustable shelving, 4 open cool display units, 1 double door display fridge, etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Small Kitchen
WE ARE INFORMED the turnover averages £9,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £300 p.w. Gross profit in excess of 20%. The business also has Oyster machine and we understand this provides a commission of approximate £100 p.w. In addition there is Paypoint and we understand this provides a further commission of approximately £70 p.w.
We understand the premises are held on a secure renewable lease, the present lease expiring in 2019 at a rental of £21,500 p.a. exclusive of rates up to 2014, with rent to be agreed thereafter.
Uniform Business Rates: £6,500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £83,000 plus STOCK AT VALUATION (£25,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent trading position, opposite a Swimming Pool, ESSEX
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