Business for sale

Business description

Location Busy road, sought after residential area, MIDDLESEX.

We are informed the turnover currently averages £18,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £800 p.w. We are advised the gross profit is in the region of 25%.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £795,000 plus STOCK AT VALUATION (£60,000 approx). SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Features No parking restrictions.

Forecourt with parking space for 2 cars

SPACIOUS SINGLE FRONTED SALES SHOP with double door, modern shop front, approx. 1,200 sq. ft. sales area, ceramic tiled floor, suspended ceiling with concealed lighting. The equipment includes modern adjustable shelving. 2 centre display gondolas, 1-3.75m open cool display unit, glass topped chest deep freeze, 1 large glass topped display deep freeze, 2 greeting card display stands with drawers, 4 revolving card display stands (including 1 on loan), 2 upright glass fronted double door soft drinks display fridges (1 on loan from Pepsi Cola and 1 on loan from Coca Cola), 2 upright double door glass fronted display fridges (owned and used for wines and beers), small glass fronted display fridge (owned), ice cream deep freeze (owned), photocopier (owned), counter, electronic cash register. CCTV system with 5 cameras, 1 monitor plus 24 hour recording etc.

Stock area adjoining shop
Staff cloakroom with w.c. and wash hand basin
Kitchen

Staff The business is at present operated by the vendor with the assistance of family help plus 1 full time staff.

Opening Hours Monday - Saturday inclusive - 7 a.m. - 10.30 p.m.
Sunday opening - 7 a.m. - 9 p.m.

Accommodation The accommodation in the form of a SELF CONTAINED FLAT over, comprises:

2 Double Bedrooms (1) 14ft x 7ft (2) 8ft x 12ft 6ft
Shower Room with shower, w.c. and wash hand basin
Large Lounge with open plan kitchen area overall size 17ft x 14ft approx.

Tenure Unform Business Rates: £3,300 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : G5170