For Sale
Well established convenience store for sale
Caterham, Surrey
- Asking Price: £64,995 +SAV
-
Turnover:
Further financials can be made available upon request.
- Tenure: Leasehold
Please quote referemce B07723
CoGoGo are delighted to welcome to the market NEEV LONDON LIMITED T/A Best Zone, a highly rated Convenience Store in Caterham, Surrey.
The business was first established by our client in 2008, building up an excellent reputation and regular client base.
Best Zone has now come to the open market due to our clients desire to pursue other business interests.
Best Zone is a general convenience store that stocks a range of Groceries, Alcohol and General House Products.
The business offers a delivery service via Just Eat.
Key selling points -
- Excellent reputation
- Scope for expansion
- Repeat trade
- High footfall location
- Increase working hours
- Increase marketing and advertising - Leaflet drops in the area
We are advised that the business has 1 member of staff.
The current trading hours are -
Monday to Sunday - 9:00am - 9:00pm
NEEV LONDON LIMITED T/A Best Zone is located on High Street in Caterham, Surrey.
The business has eye catching signage, receiving high levels of footfall and passing trade.
Ground floor -
Large open plan service area with shelving, display stands and wall display.
To the rear of the premises is the storage and WC.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 12 year lease. The rent is £11,000 per annum.
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Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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