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Reference G7925

Convenience Store in Surrey For Sale

Register to see map and to make an appointment Residential area SURREY

Turnover 5,000
Price 57,500

Features

Self Service Convenience Store, News, Confectionery, Tobacco, Full Free off Licence

SINGLE FRONTED MEDIUM SIZED SALES SHOP in the region of 400 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, ice cream deep freezer, double door glass fronted drinks display fridge (on loan from Coca Cola), 2 single door glass fronted display fridges (owned - 1 used for dairy produce & 1 for soft drinks), 1 double door sliding glass fronted display fridge (owned & used for wines & beers), shelving etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 900 p.w. Gross profit 24% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of between 35/40 p.w.

Staff

The business is at present operated by the owner with the assistance of 1 part time staff. 6 morning newsrounds. Delivery charge 2.80 p.w.

Trading Hours

Monday - Saturday inclusive - 5.30 a.m. - 9 p.m.
Sunday opening - 5.30 a.m. - 3 p.m.

Accommodation

The accommodation all MODERNIZED with FULL GAS FIRED CENTRAL HEATING & DOUBLE GLAZED, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen with fitted units

Outside

Medium sized garden

Tenure

We understand the premises are held on a secure renewable lease the present lease expiring in December, 2021 at a rental of 16,620 p.a. exclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: Nil payable at present after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 57,500 plus STOCK AT VALUATION (12,000/15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 28,750 (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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