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Home Businesses Newsagents Suffolk Old Established Counter News, Confectionery, Tobac...

Advert Ref : C7586 Newsagents for sale in Suffolk

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



Situated in a parade, town centre, SUFFOLK

Features 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 2,500 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 400 p.w. In addition the business has on line national lottery plus scratch cards which we understand provides a commission of approximately 40 p.w. In addition the business has Paypoint.
Staff The business is at present operated by a husband and wife team and no staff are employed.
Opening 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 from a private landlord, the present lease having approximately 8 years unexpired at a rental of 9,000 p.a. exclusive of rates, with rent reviews every 4 years.

Uniform Business Rates: 650 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION
Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 25,000 plus STOCK AT VALUATION (8,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Please call 020 8763 1777 for an appointment to view
Reference C7586

             

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Newsagents for sale in Suffolk

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Business Summary
Reference: C7586
Accom: Yes
Turnover: 2,500 p.w.
Leasehold: 25,000
was 30,000

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Finance the Purchase
We can lend you up to 13,000 to purchase this business subject to status, with a house or additional security you maybe able to borrow the full amount.


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