Old established NEWS, CONFECTIONERY, TOBACCO, CONVENIENCE GROCERIES, FULL FREE OFF LICENCE (Licence granted 12th May, 2008).
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 £3,500 p.w. in our opinion offering tremendous potential for further development in the right hands. It should be noted that the off licence was only granted in May, 2008 and in our opinion there is tremendous potential to develop the sale of wines, beers and spirits. Wholesale newsbill £2,500 p.w.
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £245,000 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features
DOUBLE FRONTED SALES SHOP approx. 420 sq. ft. sales area with tiled floor. The equipment includes counter, computerised till, cigarette gantry (on loan), magazine display shelving, centre display gondola, open cool display unit, 2 upright glass fronted drinks display fridges (owned), ice cream deep freeze (owned), 2 greeting card display stands with drawers. CCTV system with 4 cameras, monitor plus recording.
Stockroom
Staff w.c. and wash hand basin
Staff
The business is at present operted under management. Staff employed 1 manager with his wife plus 4 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. 12 morning newsrounds. Delivery charge £1.85 p.w.
The accommodation in the form of a SELF CONTAINED FLAT over comprises:
2 Bedrooms (1 double, 1 large single)
Large Bathroom with bath, wash hand basin
Separate w.c.
Large Lounge
Kitchen with fitted units
Outside
Small yard at rear plus garage
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 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.
