LONG ESTABLISHED NEWS, GROCERY AND OFF LICENCE WITH NATIONAL LOTTERY
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
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WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £600 p.w. Gross profit 20% approx.
National Lottery sales provide an additional income of £125 p.w. approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£12,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Features
Single fronted medium sized premises with electric shutters. 700 sq ft approx., laminated strip floor floor, suspended ceiling with fluorescent lighting. Fully equipped including, glass fronted display counter, electronic cash register, modern adjustable shelving, 1 upright double-door drinks fridges, 1 upright double-door Coca-Cola fridge, 1 dairy cabinet, 3 freezers, 4 greeting card display stand with drawers, etc.
CCTV system including 4 cameras, 1 monitor and dvd recorder.
Small storeroom.
Staff toilet with w.c. and wash hand basin.
Staff
The business is at present operated by the vendor and an additional 2 part time staff employed. 2 newsboys employed, delivery charge £1 p.w.
We understand the premises are held on a secure renewable lease, having approx. 18 years unexpired at a rental of £10,000 p.a. exclusive of rates next rent review in 3 years then every 3 years
