Business for sale

Business description

We are informed the turnover averages £3,500/£4,000 p.w. In our opinion offering tremendous potential for further increase in the right hands. Gross profit 26% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £33,000 plus STOCK AT VALUATION (£4,000/£5,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: SINGLE FRONTED MEDIUM SIZED SALES SHOP with quarry tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, 2 upright double door drinks display fridges, 4 upright single door drinks display fridges, CCTV system including 4 cameras, 1 monitor plus recorder.

Rear stockroom (it will be appreciated upon inspection that the shop could be extended into the stockroom at rear, if desired).

Kitchen
Staff w.c.


Staff: The business is at present operated by a husband and wife team


Opening Hours 12 noon - 9.30 p.m. seven days per week


Tenure We understand the premises are held on a new 15 years lease from December, 2006 at a rental of £9,000 p.a. exclusive of rates up to December, 2007, increasing at that time to £9,500 p.a. exclusive of rates up to December, 2008 and increasing at that time to £10,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter after the following 5 years.

Uniform Business Rates: £700 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION


Reference : C6966