Freehold old established NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, ICES, SOFT DRINKS
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WE ARE INFORMED the turnover averages in the region of £10,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £3,000 p.w. We are further advised that the draft accounts year ending 31st December, 2007 showed sales of £465,537 with a gross profit of £82,460 (before paper boys and girls wages of £21,883).
Price
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £220,000 plus STOCK AT VALUATION (£18,000 approx. incl. book debts).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features
This old established Newsagents has been in the same hands for the past 13 years and there are genuine reasons for sale.
DOUBLE FRONTED SALES SHOP approx. 500 sq. ft. sales area. The equipment includes counter, 2 electronic cash registers, 3 tier ice cream deep freeze (owned), 2 upright double door drinks display fridges (1 owned and 1 on loan from Coca Cola), 5 greeting card display stands (3 with drawers under plus 1 with gift wrapping paper section), magazine display shelving. CCTV system with 1 camera, recording system plus monitor etc.
Rear stockroom
Stairs to first floor providing additional stockroom plus staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by a husband and wife team with the assistance of 2 part time staff plus 2 junior casual staff. 14 newsrounds. Delivery charge 96p to a maximum of £1.19 p.w.
