Convenience Store for sale in Surrey

Surrey


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Sought after Country area, SURREY

WE ARE INFORMED the turnover averages £2,500 p.w. Wholesale newsbill £700 p.w. Gross profit 23% approx. In our opinion the business offers terrific potential for development in the right hands.

The Tearooms are at present operated on a low key basis and in our opinion offers further development. We are further advised that the gross profit is in the region of 23%.

We are further advised that the sales year ending 31st March, 2014 showed sales of £106,591 with a gross profit of £23,778 i.e. 22.31%.

We understand the premises are held on a secure renewable Trust Lease, the present lease expiring in September, 2017 at a rental of £8,000 p.a. exclusive of rates.

It should be noted that the adjoining shop is a Village Hall. A voluntary arrangement is included in the lease that the owners takes responsibility for looking after the Village Hall, handling all bookings, ensuring the cleansiness and for doing this a reduction in the rent is awarded. The current rental of £8,000 p.a. is reduced to £4,000 p.a. for the caretaker agreement.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2008 AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

The SPACIOUS living accommodation with FULL OIL FIRED CENTRAL HEATING, comprises:

Ground Floor
Fully fitted kitchen

First Floor
Large Lounge (3.9mx4.4m) with open fireplace
4 Double Bedrooms (3 large doubles, 1 with open fireplace, 1 small double with wash hand basin) 3.8mx4m , 5mx3.2m, 4mx3m, 2.6mx3.3m

Bathroom with bath, shower over bath, w.c. & wash hand basin

Monday - Friday inclusive - 8 a.m. - 5.30 p.m.
Saturday & Sunday opening - 9 a.m. - 4 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£10,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £49,500
Tenure : Leasehold
Status: Available
Sectors:
Tea Rooms
Convenience Stores
Newsagents
Off Licences
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