Detached NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, ICES, SOFT DRINKS slight CONVENIENCE GROCERIES, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY
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
WE ARE INFORMED the turnover averages £6,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,800 p.w. Gross profit 20% approx. The business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £80 p.w. The business also has Payzone plus Star Point which we understand provides a combined commission of a further £50 p.w. In addition, there is a cash machine which we understand provides a commission of approx. £40 per month.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
No parking restrictions. Ample customer's parking
DOUBLE FRONTED SALES SHOP approx. 400 sq. ft. sales area with laminated strip floor, fluorescent lighting. The equipment includes counter, magazine display shelving, modern adjustable shelving, 2 greeting cards stands (1 with drawers under plus 1 with gift wrapping paper section), 2 upright double door glass fronted display fridges, 1 upright single door drinks display fridge (on loan from Coca Cola), counter, scanning system with till, ice cream deep freeze, cigarette gantry (on loan), photocopier (on loan). CCTV system with 5 cameras and 2 monitors.
Stockroom at rear
Staff w.c.
It will be appreciated upon inspection that there is potential to extend the sales area into the stockroom at rear.
Staff
The business is at present operated by the vendor on a part time basis with the assistance of 1 full time and 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. 2 morning newsrounds. 3 afternoon newsrounds. Delivery charge 50p p.w.
Opening
Hours
Monday - Saturday inclusive - 6 a.m. - 7 p.m.
With the exception of Wednesday & Saturday when the business remains open until 7.30 p.m. for the sale of on line national lottery tickets
Sunday opening - 7 a.m. - 1 p.m.
Accommodation
The accommodation in the form of a SELF CONTAINED FLAT over with NIGHT STORAGE HEATING and DOUBLE GLAZING is at present let on a shorthold tenancy and provides a rental income of £500 per month, however, we understand that vacant possession can be given on completion if required. The accommodation comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchette
Outside
Yard at rear
Garage
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 £12,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £2,300 p.a. approx. + water rates
