Property Information
Address:
Brighton, East Sussex, BN1
, BN1
Price: Property no longer available.
Size: SOA
Primary Category: Commercial Property
All Categories:
Property Ref/Movehut: MH433962
Property Ref/Agent: C8501-Business for Sale
*Please use the agent ref when calling the agent directly.
Property description
ATTRACTIVE DOUBLE FRONTED SALES SHOP probably in the region of 450/500 sq. ft. sales area. Newly fitted in April, 2015. Non-slip floor, suspended ceiling with concealed lighting. Counter with electronic cash register, post office combination counter, modern shelving, modern magazine display shelving, upright glass fronted drinks display fridge, ice cream deep freezer, 1 greeting card display stand (on loan). Post Office counter with anti-bandit screen (2 positions) etc. Small stockroom
Staff w.c. Turnover WE ARE INFORMED the turnover averages 2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 650 p.w. We are further advised that the gross profit is in the region of 25%. We understand the post office income is in the region of 45,000/50,000 p.a. approx. Staff At present operated by the owner with the assistance of 1 full time staff plus 3 part time staff. Trading Hours Monday - Saturday inclusive - 7 a.m. - 7 p.m.
Sunday opening - 7 a.m. - 1 p.m. only Outside Small yard at rear Tenure We understand the premises are held on a secure renewable lease hving 12 years unexpired from August, 2013 at a rental of 8,500 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years. Uniform Business Rates: 1,800 p.a. approx. (should be reduced with small business relief) PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES FITTINGS 75,000 plus STOCK AT VALUATION (10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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