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, main road trading position, residential area, ESSEX

WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 20%. The business also sells lottery scratch cards & we understand this provides a commission of approximately £25/£30 p.w. The present owner is hopeful that an on line national lottery terminal should shortly be installed at the business.

We understand the premises are held on a secure renewable lease having 8 years unexpired from January, 2015 at a rental of £8,000 p.a. exclusive of rates up to November, 2018 with rent to be agreed thereafter.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

REALISTICALLY PRICED FOR EARLY SALE

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

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £23,500 plus STOCK AT VALUATION (£15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £23,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
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