Convenience Store for sale in Hastings

Hastings, East Sussex


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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, densely populated residential area, EAST SUSSEX

WE ARE INFORMED the turnover averages £9,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 24% approx. Lottery scratch cards recently introduced.

We understand the premises are held on a secure renewable lease, the present lease having approximately 16½ years unexpired at £11,000 p.a. plus VAT exclusive of rates for the next 18 months, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable at present after small business relief

EPC RATING D (88)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

7 a.m. - 11 p.m. seven days per week

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTUERS & FITTINGS £75,000 plus STOCK AT VALUATION (£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
Off Licences
Supermarkets
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