Old established COUNTER NEWS, CONFECTIONERY, TOBACCO, GROCERY
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WE ARE INFORMED the turnover averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £700 p.w. Gross profit 22% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION (£6,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SPACIOUS SALES SHOP approx. 500 sq. ft. sales area with carpet tiled floor, fluorescent lighting, counter, magazine display shelving, open cool display unit, 1 Lucozade plus 1 Coca Cola glass fronted display fridges (both on loan) etc.
It will be appreciated upon inspection that the business would benefit from the shop being refitted.
Staff cloakroom with w.c.
Staff
The business is a family run concern and no staff are employed.
We understand the premises are held on a secure renewable lease from a private landlord, the present lease having 6 years unexpired from July, 2007 at a rental of £12,000 p.a. exclusive of rates up to July, 2010, with rent to be agreed thereafter.