Convenience Store in Surrey For Sale

Situated in a parade, residential area, sought after SURREY

Turnover £ 5,000
Price £69,500

Features

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

DOUBLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area with lino floor, LED light panels. The equipment includes electric cash register with EPOS scanning system, shelving, 1x5m multi deck chiller with doors, 1x 3.5 m wine and beer chiller with doors, 2 chest freezers, add itional fridge, 2 card spinners, etcdeep freezer, 2 open cool display units, counter, coffee machine, sluch machine, etc.

2 stockrooms
Staff w.c. & wash hand basin

Basement

Turnover

WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £100 p.w. We are advised that the overall gross profit is in the region of 24%.

Staff

The business is operated by the vendor's father with family assistance as required.

Trading Hours

Monday - Friday inclusive - 8 a.m. - 9 p.m.
Saturday inclusive - 9 a.m. - 7 p.m.
Sunday opening - 9 a.m. - 5 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2024 with reviews every 5 years (next review 2028) at a current rent of £16,800 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND OFFERED FOR SALE SOLELY DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 + STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 34,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote