Convenience Store for sale in Essex

Westcliff-on-Sea, Essex


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, excellent trading position, ESSEX

WE ARE INFORMED the turnover averages £4,000/£4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £300 p.w. Gross profit 22% approx.

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15 years full repairing and insuring lease at a rental of £13,200 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years. (Please note the vendors are prepared to consider a shorter lease, if desired).

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 18 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT

RECOMMENDED FOR EARLY INSPECTION

8 a.m. - 10.30 p.m. seven days per week

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £39,995 or near offer 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: £39,995
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
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