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Attractive old established Lock-Up mainly COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, ICES, SOFT DRINKS plus ON LINE NATIONAL LOTTERY (The business has loose weigh out sweets in numerous jars).
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No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
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Location |
Situated in a parade, excellent main road trading position, town centre position, opposite a large Supermarket, SURREY
(Please register to make appointments and view addresses) |
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Features |
SPACIOUS SINGLE FRONTED SALS SHOP with carpet tiled floor, fluorescent lighting. 1 air conditioning unit and well equipped including 4 greeting card display stands with drawers, modern adjustable shelving, 1 open cool display unit (for soft drinks, sandwiches etc).
Large stockroom
Staff cloakroom with w.c. and wash hand basin
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Turnover |
WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further increase, especially under personal supervision. Wholesale newsbill £1,000 p.w. Gross profit 25% approx. The business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £60 p.w. We are further advised that the sales year ending 31st January, 2008 showed £193,683 with a gross profit of £45,593 (including commission received in respect of the sale of on line national lottery tickets, phone cards and postage of £4,028).
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Staff |
The business is at present staff operated with the exception of the newspaper deliveries which are undertaken by the vendor. Staff employed 1 full time staff. 1 morning news delivery round undertaken by the vendor to local houses and offices including Sunday morning. Delivery charge £3 p.w. It will be appreciated upon inspection that with an active husband and wife team the wage bill could be considerably reduced.
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Opening
Hours |
Monday - Saturday inclusive - 6.30 a.m. - 5.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is terrific potential for additional opening hours if desired.
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Outside |
Yard at rear with 2 parking spaces
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Tenure |
We understand the premises are held on a secure renewable lease for a period of 15 years from 2007 at a rental of £15,250 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £6,300 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
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Price |
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£6,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Reference
: C7170
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