Property Information
Address:
Brighton, East Sussex, BN1
, BN1
Price: Property no longer available.
Size: SOA
Primary Category: Commercial Property
All Categories:
Property Ref/Movehut: MH434403
Property Ref/Agent: C8481-Business for Sale
*Please use the agent ref when calling the agent directly.
Property description
Electric shutters to SINGLE FRONTED SALES SHOP in the region of 285 sq. ft. sales area, carpet tiled floor, ceiling with concealed lighting. Fully equipped including counter, 2 tills with EPOS scanning system, modern shelving, 1m open cool display unit (used for juices sandwiches), Pic 'n' Mix display cabinet, ice cream deep freezer (owned), 2 upright double door glass fronted display fridges plus 1 upright single door display fridge, cigarette gantry, electronic cash register. CCTV system with 4 cameras, monitor plus recording etc. Small stockroom
Staff w.c. wash hand basin Turnover WE ARE INFORMED the turnover averages 9,000 p.w. in our opinion offering further potential to increase in the right hands with the introduction of the sale of wines, beers spirits obviously subject to obtaining the necessary Premises Personal Licence. Wholesale newsbill 300 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards we understand this provides a commission of approximately 120 p.w. The business also sells International phonecards plus phonecards we understand this provides a further revenue of approximately 30 p.w. In addition there is an advertising board on the facia which we understand at the present time provides a rental of 50 per month. Staff Mainly staff run. 1 full time staff employed with the assistance of the owner. Trading Hours Winter Months i.e. September - end of March - 7 a.m. - 7 p.m. seven days per week from March - end of May the business trades from 7 a.m. - 8 p.m. seven days per week from June - September the business trades from 7 a.m. - 10 p.m. Tenure We understand the premises are held on a secure renewable lease, the present lease for a period of 10 years from December, 2013 at a rental of 26,600 p.a. exclusive of rates up to December, 2018, with rent to be agreed thereafter. Uniform Business Rates: 12,500 p.a. approx. THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 5 YEARS AND THERE ARE GENUINE REASONS FOR SALE PERSONALLY INSPECTED AND HIHGLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES FITTINGS 130,000 plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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