Business for sale

Business description

We are informed the turnover averages £7,000/£8,000 p.w. in our opinion offering tremendous potenial for further increase in the right hands. Wholesale newsbill £1,200 p.w. Gross profit 24% approx.


Price: TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURDES & FITTINGS £99,500 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: ATTRACTIVE DOUBLE FRONTED SALES SHOP approx. 450 sq. ft. sales area, newly fitted in 2007 at considerable expense. New floor, suspended ceiling with concealed lighting. The equipment includes counter, till with EPOS scanning system plus back-up computer, 1.75m open cool display unit (for wines and beers), 1 upright double door display fridge, 1-3m cool display chiller (for dairy produce, sandwiches, milk), 1 upright double door drinks display fridge (on loan from Coca Cola), CCTV system with 6 cameras, 2 monitors plus DVD recording.

Ground floor utility room/kitchen with bake-off oven (on loan), 1 upright double door glass fronted fridge, 2 chest deep freezes etc.

Stockroom with shelving


Staff: The business is at present mainly staff operated with 1 full time plus 2 part time staff. Wages paid £450 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.


Opening Hours: Monday - Friday inclusive - 7 a.m. - 8 p.m.
Saturday opening - 8 a.m. - 8 p.m.
Sunday opening - 9 a.m. - 3 p.m.


Accommodation The spacious living accommodation all in VERY GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING, comprises:

4 Bedrooms (main double bedroom with en suite shower room with shower, w.c. and wash hand basin plus fitted wardrobes), 2 additional double bedrooms each with fitted wardrobes, 1 single bedroom.
Half tiled bathroom with bath, w.c. and wash hand basin
Large Lounge with wood strip floor
Kitchen with fitted units


Outside Lawned garden plus paved patio
Storeshed


Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £24,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £1,200 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : G5116