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Summary:
Reference: C7794
Accom: Yes
Turnover: £ 7,000 p.w.
Freehold: £ 185,000

Finance
You can borrow £ 129,500 (freehold) 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 » Tyne and Wear » Newsagents » Card Shops » Confectioners » Stationers » Off Licences » Business Details

Advert Ref : C7794

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Freehold Counter News, Confectionery, Tobacco, Convenience Groceries, Full Free off Licence for Sale

Newsagents,Card Shops,Confectioners,Stationers,Off Licences for sale in Tyne and Wear

Situated in a parade of 3 shops, residential area, TYNE & WEAR

Features

DOUBLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, counter, electric cash register, shelving, glass topped chest deep freeze, 1 double door glass fronted display fridge (on loan from Coca Cola), 3 single door glass fronted display fridges (owned).

2 Stockrooms
Staff w.c.
Small kitchen

Turnover

WE ARE INFORMED the turnover averages £7,000 p.w. Wholesale newsbill £200 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 - 8 a.m. - 10 p.m.
Sunday opening - 10 a.m. - 10 p.m.

Accommodation

The accommodation situated on the first floor, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units

Outside

Yard at rear with parking space for 1 car

Tenure

Uniform Business Rates: Nil payable due to full relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION (£15,000 approx. can be reduced).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Viewing

Please call 020 8763 1777 for an appointment to view

Reference C7794

             

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