Property Information
Address:
East Sussex For Sale With Nationwide Businesses
, East Susse
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH449221
Property Ref/Agent: C7611-Business for Sale
*Please use the agent ref when calling the agent directly.
Property description
News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries
Spacious Sales Shop approx. 450 sq. ft. sales area with laminated strip floor, suspended ceiling, 2 air conditioning units.
The equipment includes counter, electronic cash register, 2 open cool display units (including 1 on loan), cigarette gantry (on loan), ice cream deep freeze (owned), modern shelving.
Large basement comprising 3 rooms
Staff w.c.
Turnover
WE ARE INFORMED the turnover averages 9,000 p.w. in our opinion offering tremendous potential for further increase in the right hands and in our opinion there is potential for the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary licence.
Wholesale newsbill 1,200 p.w.
Gross profit 20% approx.
In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand that this provides a commission of approx. 160 p.w.
The business also has Paypoint and we understand this provides a commission of approx. 120 p.w.
In addition the vendor has an Inter-Net Caf area with 7 computers.
We understand this provides an additional income of approx. 300 p.w.
Staff
The business is at present operated by a husband and wife team with the assistance of 2 part time plus 2 casual staff.
Trading Hours
Monday - Sunday inclusive - 6 a.m. - 10.30 p.m.
Tenure
We understand the premises are held on a secure renewable lease for a period of 12 years from 2004 at a current rental of 15,750 p.a. exclusive of rates.
We are further advised that there are rent reviews every 4 years.
Uniform Business Rates:
4,500 p.a. approx. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES
FITTINGS in the region of 130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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