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Reference G9031
Situated in a Parade, excellent trading position, residential, office and commercial area, Essex. GRAYS
Turnover £ 8,000
Price
£100,000
Features
Newly Fitted Convenience Store with off Licence
NEWLY FITTED 2022
DOUBLE FRONTED PREMISES in the region of 975 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED panel lights, sales counter, EPOS till, cash register, cigarette draw, 3 x open cool display unit (4.75 metres), ice cream freezer, 2 x Glass topped deep freeze, modern adjustable shelving, CCTV system (16 cameras, 1 monitor), etc.
Basement, used for storage purposes.
Toilet with w.c. and wash hand basin..
Kitchen
Turnover
WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a Gross profit of 22% approx.
Staff
The business is at present operated by the Husband & Wife team
Trading Hours
7 Day week
MONDAY - FRIDAY 7am - 10pm
SATURDAY & SUNDAY 8am - 10pm
Outside
Parking space for 2 car.
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 2023 with reviews every 5 years (next review 2028) at a current rent of £32,400 p.a.
Business Rates from April 2023 £1,470 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION (£75,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 50,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
« Search more Convenience Stores for sale in Grays
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