Business Summary

• CURRENTLY CLOSED
• RENT JUST £8,000 PA
• IMMACULATE PREMISES
• LONDON ROAD LOCATION
• NEW LEASE TO BE AGREED
• OPTION OF 2 BED ACCOM
• EASY HOURS
• RECENTLY REFITTED
• ESTABLISHED
• LICENSED

Description & Location:
Located on the very busy London Road, Leigh on Sea, Essex.

The Premises:
Immaculately presented throughout the premises boasts a double frontage leading to a beautiful and very spacious store. New suspended ceiling with florescent lighting. Exceptionally fitted, consisting of a modern counter with tobacco gantry behind, further alcohol shelving to the side, with confectionery and snack racking to front. Fully shelved alcohol area to the rear, shelving to all walls, ice cream freezer, full magazine racks, large drinks fridge plus a further large cold counter style fridge, card and stationary area, photocopier. The premises have full CCTV and security.

To the rear of the shop is a stock room, staff WC facilities and kitchen area.

The Business:
THE BUSINESS HAS RECENTLY CLOSED DUE TO SEVERE ILL HEALTH. The Business has been in the same hands FOR THE LAST 6 YEARS but was trading as a convenience store for some years prior. Extremely established, the foot flow outside the shop is very healthy, and was creating a turnover of between £5,000 and £7,000 per week. The business provided lottery mobile top up, news bill, ATM and Western Union. ALL OF WHICH COULD EASILY BE REINTRODUCED.

Tenure:
The premises will be held on a brand new lease to be negotiated at a yearly rental of £8000 Above the shop is a self contained 2 bedroom flat. This can be negotiated into the new lease raising the rental to £15,000 (NEGOTIABLE) per year to include the business premises and accommodation.

Turnover:
We are given to understand from our Vendor Client the turnover was some £7,000 (Max) per week plus lottery, top ups, mobile, Western Union, ATM and the news bill.

Business Rates:
£5,000 pa.

Staff:
The business is currently CLOSED

Trading Hours:
The business WAS open between the hours of 07:00 till 17:00 pm 7 days a week.

Legal Costs:
Each Party cover their own legal cost

Price:
We are instructed by our Vendor Client to offer this wonderful business for sale at a very realistic price of £20,000 to include the goodwill, new lease and the fixtures and fittings.

Agents Note:
The Vendor’s SOLE AGENT highly recommends a viewing of this business.

Terms:
Each party, Vendor and Purchaser are responsible for their own legal fees.

Property Details