Convenience Store and Off Licence in East Sussex For Sale

Situated in a parade main road, trading position, densely populated residential area, EAST SUSSEX

Turnover £ 8,000
Price £70,000

Features

Long Established Convenience Store, Counter Newsagent and off Licence



DOUBLE FRONTED PREMISES, approxiamtely 500 sq ft, WITH ELECTRIC SHUTTERS, CCTV (9 cameras). Tiled flooring, suspended ceiling with LED light panels.

Sales counter, EPOS til. 2.5m beer fridge, 2.5m soft drinks and dairy fridge. Ice cream freezer. Adjustable shelving.

Stockroom.

Stairs to first floor.

Cloakroom with toilet and sink.
Sore room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a Gross profit of 20% approx.. Wholesale newsbill £400 p.w.

Staff

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

Trading Hours

7 Day week
MONDAY - FRIDAY 6am - 9pm
SATURDAY 7am - 9pm
SUNDAY 7am - 8pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2021 with reviews every 5 years (next review 20256) at a current rent of £10,800 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote