Profitable well equipped semi detached COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, SOFT DRINKS, CONVENIENCE GROCERIES, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY.
Forecourt with parking for 4 cars, to spacious double fronted Sales Shop, approx. 700 sq. ft. sales area, with fluorescent lighting and fully equipped including counter, electronic cash register, scales, modern adjustable shelving, upright glass-fronted display fridge, 2 upright double door drinks display fridges (1 owned whilst the other is on loan from Lucozade), display gondola etc.
Small stockroom
Turnover
WE ARE INFORMED the turnover currently averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. The vendor is of the opinion that there is tremendous potential, especially if the business joins a group i.e. possibly Spar or Londis. Wholesale newsbill £550 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £50 p.w. In addition, from Payzone & Paypoint we are advised there is an additional commission of approx. £20 p.w.
Staff
The business is at present operated by the vendor with the assistance of staff. It will be appreciated upon inspection that with an active husband and wife team the wage bill could be reduced.
The SPACIOUS living accommodation, all newly carpeted and with FULL GAS CENTRAL HEATING, comprises:
6 Bedrooms (1 double with en suite shower room with shower, w.c. and wash hand basin, 3 additional doubles, 2 single bedrooms)
2 Bathrooms each with bath, w.c. and wash hand basin
Spacious Lounge/Dining Room 27ft x 13ft approx.
Fully tiled and fully fitted Kitchen
Large Snooker/Billiards Room 22ft x 18ft approx.
Outside
Garden at rear
Tenure
RECOMMENDED FOR EARLY INSPECTION
Price
OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £350,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Optional extra. The adjoining property converted into 3 flats is available as an optional extra comprising:
Ground Floor Self contained flat, currently let on a shorthold tenancy and providing a rental income of £90 per week. Comprises:
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
First Floor 2 additional flats each let on a shorthold tenancy and providing a rental income of £110 p.w. each. Each flat comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
Outside - Garden at rear plus car parking in front for 3 cars
As stated the above 3 flats are available as an optional extra. ASKING PRICE FOR THE FREEHOLD £295,000 or reasonable offer
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Reference
C7179
Viewing is only via
appointment contact Nationwide Businesses on 020 8763 1777.