Business for sale

Business description

Turnover: We are informed the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 23% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features SPACIOUS DOUBLE FRONTED SALES SHOP occupying a corner position. Approx. 600 sq. ft. sales area with suspended ceiling, concealed lighting, air conditioning. Well fitted including counter, electronic cash register, open cool display chiller, Walls' ice cream deep freeze (owned), 1 large sliding glass topped display deep freeze, upright glass fronted double door drinks display fridge, 1 glass topped small chest deep freeze, 5 metre cool display unit, cigarette gantry (on loan) etc.

Please note the 5 metre cool display unit & air conditioning unit are on a hire purchase agreement to be taken over.

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


Staff: The business is at present operated by the vendor with the assistance of a relative on a full time basis.


Opening Hours Sunday - Thursday inclusive - 7 a.m. - 8 p.m.
Friday & Saturday - 7 a.m. - 9 p.m.


Tenure We understand the premises are held on a secure renewable lease having approx. 7 years unexpired at a rental of only £4,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter after the following 3 years.

Uniform Business Rates: £2,400 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION


Reference : G5013