Nationwide are proud to offer to the market DETACHED WELL FITTED SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE. Busy road, residential area ESSEX.
SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 1,100 sq. ft. sales area with tiled floor, suspended ceiling. 2 air conditioning/heating units. The shop is well equipped including counter, 2 tills with EPOS scanning system, 2 large curved display deep freezers, 2 ice cream deep freezers, 2 open cool display units plus 1 large open cool display unit, modern adjustable shelving, centre display gondola, bake-off oven. CCTV system with 16 cameras, 2 monitors plus recording.
Stockroom with chest deep freezer, upright fridge
Staff w.c. & wash hand basinTurnover :
WE ARE INFORMED the turnover is currently in the region of £11,500/£12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £450 p.w. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £50/£60 p.w. The business also has Oyster which we understand provides a further commission of £120 p.w. The business also has Paypoint. We are further advised that the sales year ending 31st December, 2017 showed £517,277 with a gross profit of £121,679 i.e. 23.52% plus commissiion received of £15,447 providing a total gross profit of £137,126.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£35,000/£40,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £150,000 (G8290)
Is accommodation included?:
The SPACIOUS accommodation with FULL GAS FIRED CENTRAL HEATING comprises:
2 Bedrooms (1 double, 1 single)
Tiled bathroom with bath, shower over bath, w.c. & wash hand basin
Attractive lounge with woodstrip floor
Fully fitted kitchenette
Double Bedroom with en suite shower room with shower, w.c. & wash hand basin