Convenience Store for sale in Crowborough

Crowborough, East Sussex


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated main road trading position, sought after residential area, close to railway station EAST SUSSEX

WE ARE INFORMED the turnover averages £7,500/£8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £600 p.w. We are advised that the gross profit is between 18/20%. 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 £80/£90 p.w. The business also has Paypoint including ATM machine providing a further commission we understand of between £40/£50 p.w.

We understand the premises are held on a secure renewable lease from a private landlord the present lease expiring in August, 2018 at a rental of £15,000 p.a. exclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: £3,500 p.a. approx. (we understand should be reduced with small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

The SELF CONTAINED accommodation all in GOOD CONDITION comprises:

3 Double Bedrooms
Tiled bathroom with bath, shower over bath, w.c. & wash hand basin
Large lounge
Kitchen with fitted units

It should be noted that the 3 bedrooms are currently let room by room and provide a combined rental income at the present time of £1,035 per month, however we understand that vacant possession can be given on completion if required.

Monday - Saturday inclusive - 6.30 a.m. - 11 p.m.
Sunday opening - 7.30 a.m. - 10.30 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £75,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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