Attractive old established NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, ICES, SOFT DRINKS
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £4,700/£5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,400 p.w. Gross profit 22% approx. The business is also agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approx. £80 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,500 plus STOCK AT VALUATION (£6,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SINGLE FRONTED medium sized SALES SHOP approx. 272 sq. ft. with tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, upright double door drinks display fridge (on loan from Coca Cola), magazine display shelving, upright single door glass fronted drinks display fridge (owned), glass topped ice cream deep freeze, centre display gondola, cigarette gantry (on loan).
Rear room with sink and drainer plus staff cloakroom with w.c. and wash hand basin
Rear storeroom 104 sq. ft. (not used)
Basement
Staff
The business is at present operated by the vendor with the assistance of his wife on a part time basis. 5 morning newsrounds. 1 afternoon newsround. Delivery charge £1.65 p.w.
Opening
Hours
Monday - Saturday inclusive - 6 a.m. - 7 p.m.
With the exception of Wednesday & Saturday when the business remains open until 7.30 p.m. for the sale of on line national lottery tickets
Sunday opening - 7 a.m. - 2 p.m.
Accommodation
There is a SELF CONTAINED FLAT over which we understand could be made available as an optional extra on a shorthold tenancy at a current rental of £700 per month. The accommodation comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
Included in the flat accommodation is a small garden plus shed.
Tenure
We understand the shop premises are held on a secure renewable lease, the present lease having approxinately 19 years unexpired at a current rental of £12,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,066 p.a. + water rates
