Self Service Convenience Store Including English Continental Foods For Sale

Business description

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,200 sq. ft. sales area with tiled floor, suspended ceiling and well equipped including modern adjustable shelving, 2-2m chest display deep freezes, 1-1m chest display deep freeze, 2-2.5m open cool display units, 2-1m cool display units, display gondolas, counter, 2 tills (1 with scanning system).

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

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £17,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.

Uniform Bussines Rates: £4,400 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, excellent main road trading position, densely populated residential and commercial area, MIDDLESEX

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £15,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 24% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£35,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

7 a.m. - 1 a.m. seven days per week

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.