News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free off Licence
Situated in a parade, busy road, residential area, CAMBRIDGESHIRE
SINGLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area with tiled floor, suspended ceiling and fully equipped including modern adjustable shelving, counter, till with EPOS scanning, 1 greeting card display stand, ice cream deep freeze, 1 glass topped chest display deep freeze, 2 open cool display units (1 used for soft drinks, sandwiches, milk etc whilst the other is used for wines and beers) etc.
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £6,500/£7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,200 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £130 p.w.
The business is at present operated by the vendor's son on a full time basis with the assistance of staff. 4 newsboys employed. Delivery charge £2 p.w.
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Garden at rear
We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £14,000 p.a. exclusive of rates for the next 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)
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £51,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Please call 020 8763 1777 for an appointment to view
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