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Summary:
Reference: C7586
Accom: Yes
Turnover: £ 3,000 p.w.
Leasehold: £ 120,000

Finance
You 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.


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Home » Businesses for Sale » Suffolk » Newsagents » Card Shops » Confectioners » Stationers » Business Details

Advert Ref : C7586

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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

Reference C7586

             

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