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Home Businesses Newsagents Oxfordshire Well Established Counter News, Confectionery, Toba...

Advert Ref : C7761 Newsagents for sale in Oxfordshire

Well Established Counter News, Confectionery, Tobacco, Greeting Cards, Full Free off Licence

Newsagents,Card Shops,Confectioners,Stationers,Off Licences for sale in Oxfordshire

Photo 1 : Newsagents in Oxfordshire
Photo 2 : Card Shops in Oxfordshire
Photo 3 : Confectioners in  Oxfordshire


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 ARE INFORMED the turnover is in the region of 3,500 p.w. in our opinion offering tremendous potential for further incease in the right hands. Wholesale newsbill 750 p.w.
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. Alternatively, the vendor is prepared to lease the preimises without the flat at a rental of 8,400 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
Reference C7761

             

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Newsagents for sale in Oxfordshire

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Business Summary
Reference: C7761
Accom: Yes
Turnover: 3,500 p.w.
Leasehold: 20,000
Freehold: 425,000

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Finance the Purchase
We can lend you up to 10,000 298,000 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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