FinanceYou can borrow
£ 10,000 (lease)
£ 297,500 (freehold)
to purchase this business subject to status, with a house or additional
security you maybe able to borrow the full amount.
Well Established Counter News, Confectionery, Tobacco, Greeting Cards, Full Free off Licence for Sale
Situated end of parade, busy road, residential and commercial area, OXFORDSHIRE
Features
The business has been in the same hands for the past 20 years and there are genuine reasons for sale.
SINGLE FRONTED SALES SHOP probably in the region of 650 sq. ft. sales area with carpeted tiled floor, suspended ceiling with concealed lighting, air conditioning, counter, electronic cash register, cigarette gantry (on loan), modern shelving, magazine display shelving, 2 greeting card display stands with drawers, ice cream deep freeze (owned), 1 double door glass fronted drinks display fridge (owned), 1 upright single door display fridge (owned and used for milk, pies) etc.
Rear stockroom with racking
Turnover
WE UNDERSTAND the vendor enjoys a good turnover, full details will be discussed upon inspection.
Staff
The business is at present operated by the vendor and no staff are employed.
Opening Hours
Monday - Saturday inclusive - 7 a.m. - 7 p.m.
Sunday opening - 8 a.m. - 1 p.m.
It will be appreciated upon inspection that there is potential for additional opening hours.
Accommodation
The SPACIOUS living accommodation all in VERY GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING, comprises:
Top Floor
3 Bedrooms (1 double, 2 singles)
First Floor
Large Lounge
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Fitted Kitchen
The accommodation is fully carpeted with the exception of the 2 single bedrooms which have quality laminated strip floors.
Outside
Shared driveway providing parking space for 2 cars
Tenure
The vendor owns the freehold and subject to satisfactory references, is prepared to grant a new 20 years full repairing and insuring lease at a rental of £16,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,200 p.a. approx. (after small business relief)
AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £425,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing
Please call 020 8763 1777 for an appointment to view
Selling your business?
No sale No fee