Property Information
Address:
Brighton, East Sussex, BN1
, BN1
Price: Property no longer available.
Size: SOA
Primary Category: Commercial Property
All Categories:
Property Ref/Movehut: MH433538
Property Ref/Agent: G6392-Business for Sale
*Please use the agent ref when calling the agent directly.
Property description
NO PARKING RESTRICTIONS Forecourt SPACIOUS SINGLE FRONTED SALES SHOP in the region of 800 sq. ft. sales area with non-slip floor, suspended ceiling with concealed lighting. Well equipped including modern adjustable shelving, 2 centre display gondolas, 2 glass sliding topped chest display deep freezes, photocopier (on loan), 3.5m open cool display unit (used for beers, wines, milk dairy produce), 2 greeting card display stands, counter, 2 tills with scanning plus combination Post Office counter (1 position). Post Office counter with anti-bandit screen (2 positions). CCTV system with 4 cameras, monitor plus recording. Small kitchen area
Staff w.c. and wash hand basin Turnover WE ARE INFORMED the turnover averages 10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 1,000 p.w. Gross profit 24% approx. Post Office salary 44,000 p.a. approx. (including commission in respect of the sale of on line national lottery tickets plus scratch cards). In addition the business has an ATM machine which we understand provides a further revenue of approximately 300 per month. Staff The business is at present operated by a husband and wife team with the assistance of 4 part time staff. Trading Hours Monday - Saturday inclusive - 6 a.m. - 8 p.m.
Sunday opening - 7 a.m. - 5 p.m. Accommodation The SELF CONTAINED accommodation DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, is available as an optional extra comprises: First Floor
Lounge
Kitchen with fitted units
2 Double Bedrooms Second Floor
2 Single Bedrooms plus 1 small room (used as a stockroom)
Bathroom with bath, shower over bath, w.c. and wash hand basin Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease in respect of the shop premises with accommodation over at a rental of 34,400 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. (The vendor is also prepared, subject to satisfactory references to grant a new 15 years full repairing and insuring lease in respect of the shop only (excluding the living accommodation) at a rental of 20,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years). Uniform Business Rates: Nil payable after full relief PERSONALLY INSPECTED AND HIGHLY RECOMMENDED Price TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES FITTINGS 150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES FITTINGS 575,000 plus STOCK AT VALUATION SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
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