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Counter Newsagents with Off Licence for sale in West Midlands

Buy a Counter Newsagents with Off Licence
Buy a business in West Midlands

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Reference : C6956

Detached FULL FREE OFF LICENCE, COUNTER NEWS, CONFECTIONERY, TOBACCO, CONVENIENCE GROCERIES

       

No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register for free to see full location details
 

Location

Main road trading position, residential area, WEST MIDLANDS (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover currently averages £6,000 p.w. It should be noted that the sale of wines beers and spirits has only recently been introduced and in our opinion the business offers tremendous potential for further development in the right hands. Wholesale newsbill £500 p.w. Gross profit 24% approx.

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features

DOUBLE FRONTED SALES SHOP approx. 500 sq. ft. sales area with laminated strip floor, fluorescent lighting. The equipment includes modern adjustable shelving, electronic cash register, 1 upright single door drinks display fridge (owned), 1 upright double door drinks display fridge (owned and used for wines and beers), 2 additional upright double door display fridges (used for soft drinks - both on loan 1 from Coca Cola and 1 from Lucozade), counter, electronic cash register, display gondola etc.

Cellar idea for storage purposes

Staff

The business is at present operated by the vendor and no staff are employed.

Opening Hours

Monday - Saturday inclusive - 5.30 a.m. - 10.30 p.m.
Sunday opening - 7 a.m. - 1 p.m.

Accommodation

The accommodation, FULLY DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Separate Kitchen

Tenure

We understand the premises are held on a secure renewable lease having approximately 19 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £1,600 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Reference : C6956

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Counter Newsagents with Off Licence for sale
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Freehouse / Pubs
 
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Retail Businesses for sale include:
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Hardware / DIY
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Newsagents
 Off Licence
 
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Petrol Stations
 
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Print Shops
 
Sports Shop
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