»Featured Property
CONVENIENCE STORE
LOCATION: The business is located in the heart of the High Street alongside with quality shops and businesses and various multiples that contributes to the high footfall. The shop is surrounded by a densely built up residential and commercial area. The area is served by major bus routes and two main line stations that are 10 minutes walking distance away.
THE BUSINESS: The business has been long established and in our client’s ownership for the past eight years and have traded successfully ever since and enjoys a high reputation for its quality services provided in the area. Our client have decided to take rest from the business, hence, wishes to sell. The business is managed by the owner with assistance from one full time staff. This is double fronted shop with glazed window and measures approximately 993 sq.ft in total. The premises are well cared for and fitted to high standards with modern shelvings, gondolas, 3 upright drinks chillers, 1 chest freezer, dairy cabinet, electronic cash register and the scale. The shop is protected with surveillance equipments (5 cameras).There is adequate room at the rear if the new owners wishes to expand the shop.
TURNOVER: We are advised that the weekly takings average £5,500/ 6,000 achieving high margin of gross profits. In addition the shop sells bus pass £300 per week approx and top-up & international cards £1,000 per week that adds to the profitability.
HOURS 10 am to 12.00 midnight 7 day week
ACCOMMODATION: Lock up
TENURE: The purchaser will benefit from having a new 20 years lease with rent reviews spaced every 4th years at a rental of £15,000 per annum. Rates payable £3,900 p.a. approx.
VIEWING By appointment ONLY
Category:
Convenience Store
Tenure: Leashold
Price: £30,000.00
Ref. No: G1334
Location: Close Stratford
Lot Size: 0 Acres
Total Sq. Footage: 0 sqft
Parking Spaces 0 Cars
No. of Floors: 0
No. of Rooms: 0
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