Old established NEWS, CONFECTIONERY, TOBACCO, CONVENIENCE GROCERIES, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY
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WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £750 p.w. Gross profit 24% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand that this provides a commission of approx. £70 p.w. The business also has a paypoint and we understand that this provides a further commission in the region of £20 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,000 plus STOCK AT VALUATION (£15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SINGLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor. Air Conditioning unit. Counter, electronic cash register, 2 upright double door drinks display fridges (owned), ice cream deep freeze (owned), shelving etc.
Staff cloakroom with w.c. and wash hand basin
Basement ideal for storage purposes
Staff
The business is at present operated by the owner with the assistance of 1 full time and 1 part time staff. 1 newsround to a local hospital is undertaken.
We understand the premises are held on a secure renewable lease having approximately 12 years unexpired at a rental of £10,000 p.a. exclusive of rates up to 2009, with rent review at that time and thereafter after the following 5 years.
Uniform Business Rates: £3,100 p.a. + water rates (metered)
