Convenience Store for sale in Essex

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 £22,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,300 p.w. We are further advised that the gross profit is in excess of 25%. Post Office salary in the region of £120,000 p.a. (including the commission from the sale of on line national lottery tickets). The business also has Paypoint.

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of £40,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £13,335 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Monday - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 7 a.m. - 10.30 p.m.

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £395,000 plus STOCK AT VALUATION (£50,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £395,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Post Offices
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