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Newsagent and Stationers in Ipswich for sale

Reference C7586

Register to see map and to make an appointment Situated in a parade, town centre, SUFFOLK

Turnover 1,500
Price 15,000

Features
Old Established Counter News, Confectionery, Tobacco, Greeting Cards Plus On Line National Lottery

SINGLE FRONTED MEDIUM SIZED SALES SHOP with carpet tiled floor, fluorescent lighting. The equipment includes counter, EPOS scanning system with till, 1-2.75m open cool display unit (used for soft drinks, milk, sandwiches etc), ice cream deep freeze (on loan), modern adjustable shelving etc.

Small stockroom
Staff cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover averages 1,500 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction with the sale of wines, beers and spirits, subject to obtaining the necessary off licence. Wholesale newsbill 300 p.w. In addition the business has on line national lottery plus scratch cards which we understand provides a commission of approximately 25 p.w. In addition the business has Paypoint.
Staff
The business is at present operated by the vendor and no staff are employed.
Trading Hours
Monday - Saturday inclusive - 7 a.m. - 7.30 p.m.
Sunday opening - optional - 9 a.m. - 2 p.m.
It will be appreciated upon inspection that there is potential for evening opening, if desired.
Accommodation
The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge (with gas fire)
Kitchen with fitted units
Tenure
We understand the premises are held on a secure renewable lease, the present lease expiring in 2020 at a current renta of 6,500 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.

Uniform Business Rates: 650 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of 15,000 plus STOCK AT VALUATION (8,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT Subject to status, you can borrow up to 7,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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