Business description

Reason for sale: **Retirement**

The shop is currently run by a husband and wife team. They have run the shop for 20 years and have a very loyal customer base. There is so much potential in doubling the profits by extra hours, off licence (which is approved), national lottery and energy! The current turn over for the business is £5,500 per week!!! (£1,200 oyster included)

The shop: **Big Size And Lots Of Storage Inc. Basement**

Single fronted Sales Shop, approx. 400 sq. ft. sales area, with tiled floor, suspended ceiling with fluorescent lighting and fully equipped including centre display gondola, cigarette gantry, Mars and Walls ice cream fridge, shelving, counter, electronic cash register, bus buses, oyster, Photocopy machine etc.

The accommodation comprises of: **Very Spacious Bedrooms With High Ceilings, Off Street Parking And Garage!!**

3 bedrooms (2 double, 1 with wash hand basin, 1 single).
Cloakroom with w.c.
Separate ground floor bathroom.
Large lounge.
Kitchen with fitted units.

The figures: **Low Price Due To Quick Sale**

Secure lease, Goodwill, Fixture and fittings all inc: £35,000 ono
Stock: £7,000 (approx).

Rates: £2,600 p.a. approx. + water rates (metered).
Rent: £12,500 per year

The lease is secured as it is renewable after the expiry time ie: it is an unexpired lease!
The lease is renewable in 2012.

Property information

Property:

Leasehold

Lease terms:

secure lease, unexpired

Leasehold rent:

£12,500 per annum

Living accommodation:

The accommodation comprises: **Very Spacious And High Ceilings** 3 bedrooms (2 double, 1 with wash hand basin, 1 single). Cloakroom with w.c. Separate ground floor bathroom. Large lounge. Kitchen with fitted units.

Location:

Busy main road parade

Premises details:

The shop: **Big Size And Lots Of Storage Inc. Basement**

Single fronted Sales Shop, approx. 400 sq. ft. sales area, with tiled floor, suspended ceiling with fluorescent lighting and fully equipped including centre display gondola, cigarette gantry, Mars, Walls ice cream fridge, shelving, counter, electronic cash register, bus buses, oyster, Photocopy machine etc

Size in square feet:

approx. 400 sq. ft. sales area + more for storage

Other information

Expansion potential:

Lots and lots of potential extra hours, office licence (which is approved), national lottery and young energy! Current turn over for the business is £5,500 per week!!! (£1,200 oyster included)

Competition / Market:

Not much competition established for 20 years!

Reasons for selling:

retirement

Trading hours:

Monday/Saturday incl. 6 a.m. - 7 p.m.
Sunday opening 7 a.m. - 2 p.m.

Furniture / Fixtures value:

£2,500 (included in the asking price)

Inventory / Stock value:

£7,000