Convenience Store for sale in West Sussex

West Sussex


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Busy road, sought after residential area, WEST SUSSEX

WE ARE INFORMED the turnover averages £10,000/£12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £250 p.w. We are further advised that the gross profit is in the region of 22%. The business has Payzone & Hermes Parcel Service which we advised provides a commission of £100 p.w. The business also sells scratch cards. We understand that an on line national lottery terminal is to be installed in December, 2015.

We understand the premises are held on a secure renewable lease, the present lease having approximately 6 years unexpired at a rental of £16,666.68 p.a. exclusive of rates for the next 1 year, with rent to be agreed thereafter.

Uniform Business Rates: £3,620 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 8 a.m. - 8 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION (£45,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £125,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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