Business for sale

Business description

Turnover: WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 22% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £19,500 or near offer plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features Ample customer's car parking. No parking restrictions.

Single fronted medium sized Sales Shop with fluorescent lighting. The equipment includes counter, electronic cash register, 1 upright single door drinks display fridge, 2 upright double door drinks display fridges, ice cream deep freeze, shelving, cigarette gantry (on loan) etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin


Staff: The business is at present operated by the vendor with the assistance of his son. No additional staff employed.


Opening Hours Monday - Saturday inclusive - 11 a.m. - 10 p.m.
Sunday opening - 12 noon - 3 p.m. & 7 p.m. - 10 p.m.


Outside Separate brick store at rear we understand rented from the Council at £100 p.a.
Service area at rear of parade


Tenure We understand the premises are held on a secure renewable lease for a period of 10 years from October, 2005 at a current rental of £3,050 p.a. exclusive of rates with rent reviews every 5 years. (We understand from the present tenant that the rent was not increased at the last rent revision).

Uniform Business Rates: £937.20 p.a. approx. + water rates

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.

RECOMMENDED FOR EARLY INSPECTION


Reference : C6980