FinanceYou can borrow
£ 60,000 (lease)
to purchase this business subject to status, with a house or additional
security you maybe able to borrow the full amount.
Old Established Counter News, Confectionery, Tobacco, Greeting Cards Plus On Line National Lottery for Sale
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 £3,000 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. In addition the business has Paypoint which we understand provides a commission of approx. £30 p.w.
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 £120,000 plus STOCK AT VALUATION (£8,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing
Please call 020 8763 1777 for an appointment to view