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Convenience Store and Post Office Local in Surrey For Sale

Convenience Store and Post Office Local in Surrey For Sale
Convenience Store and Post Office Local in Surrey For Sale Buy a Convenience Store and Post Office Local in Surrey For Sale Sell a Convenience Store and Post Office Local in Surrey For Sale Convenience Store and Post Office Local in Surrey For Sale for Sale Convenience Store and Post Office Local in Surrey For Sale for Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, residential & commercial area, SURREY

Turnover 4,000
Post Office 28,000
Price 89,000

Features

Spacious well Fitted Self Service Convenience Store, Full Free off Licence Plus Post office Local

Forecourt with parking for 2 cars

MODERN SHOP FRONT with electric shutters to SPACIOUS SALES SHOP probably in the region of 800 sq. ft. sales area, suspended ceiling with concealed lighting. Air conditioning. Modern adjustable shelving, 10m open cool display unit (comprising 4 units), 1-3.75m open cool display unit, counter, electronic cash register, ice cream deep freezer, display gondola, post office combination counter, 10 cameras, monitor plus recording etc.

Stockroom (not utilized at present)
Kitchenette area
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. We are further advised that the gross profit is in the region of 22%. Post Office income we understand in the region of 28,000 p.a. The business has an on line lottery terminal which we understand provides a commission of approximately 30 p.w. The business also has Oyster plus sells phonecards & we understand this provides a furthe revenue of approximately 50 p.w.

Staff

The business is at present operated by the vendor with the assistance of 1 full time & 1 part time staff.

Trading Hours

Monday - Friday inclusive - 8 a.m. - 8 p.m.
Saturday opening - 9 a.m. - 2 p.m only
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of 850 per month, however we understand that vacant possession can be given, if required. The accommodation comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin (new suite approximately 18 months ago)
Large Lounge
Fitted Kitchen

Outside

Parking space at rear for 2 cars

Tenure

We understand the premises are held on a secure renewable lease for a period of 16 years from February, 2014 at a rental of 15,600 p.a. exclusive of rates up to February, 2019 with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 89,000 plus STOCK AT VALUATION (10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 44,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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