Prominent Location in Nice Residential Area
Well Fitted & Attractively Presented
Same Owners Since 1994
Husband & Wife Operated
Spacious 4/5 Bedroom Accommodation
Freehold Price £280,000
Leasehold Price £59,950
Description and Trade:
A prominent corner sited store situated in a nice residential area. It has a wide forecourt and roadside parking for customers, and trades under the Premier banner.
The trade is that of general groceries and off licence products etc. It is a National Lottery outlet.
The modern well fitted Sales Area (c.640 square foot) has a suspended ceiling, terrazzo type flooring, fully fitted wall and double sided gondola shelving. Fixtures and fittings include self serve upright freezer unit, upright self serve chilled drinks cabinet, dairy products cabinet, ice cream freezer, serveover checkout with cash register etc. CCTV is installed.
Outside to the rear is an enclosed yard with a spacious Stock Room and double gate access to the road.
The spacious and well-presented accommodation is centrally heated and double glazed comprising:
GROUND FLOOR: Hallway/Lounge; Kitchen.
FIRST FLOOR: Lounge (4.4m x 3.4m); Bedroom 1 – small double; Bedroom 2 – single; Bedroom 3 – single; Bathroom with separate shower cubicle.
SECOND FLOOR: Loft Bedroom – double; Bedroom 5/or Dressing Room – single.
Our Client Informs Us That:
Takings and Profitability:
Retail takings are around £5,500 per week with a gross profit margin of around 20%. Plus commissions of around £2,500 per annum.
8.00am – 9.00pm Monday to Saturday
9.00am – 7.00pm Sunday
Operated by a husband and wife team without the need for staff.
Tenure & Price:
Freehold £280,000 plus stock at valuation. OR
Leasehold £59,950 plus stock at valuation. A new lease will be offered , with 3 yearly reviews, at a commencing rent of £13,000 per annum for the business and accommodation.
Is accommodation included?: