SPACIOUS SINGLE FRONTED SALES SHOP, suspended ceiling with concealed lighting, new ceramic tiled floor. The equipment includes counter, electronic cash register, 3.75m open cool display unit. Modern adjustable shelving, ice cream deep freeze (owned), 2 greeting card display stands (1 with drawers under, 1 with gift wrapping paper section) etc.
Stockroom
Staff Cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover currently averages £7,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. It should be noted that the Off Licence was only recently granted and in our opinion there is tremendous potential to develop the sale of wines, beers and spirits. Wholesale newsbill £2,500 p.w. Gross profit 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £100 p.w.
Staff
The business is at present operated by the vendor on a part time basis with the assistance of his sister-in-law on a full time basis plus his brother at weekends. 7 morning newsrounds. 7 evening newsrounds. Delivery charge £1/£2.50 p.w.
The SPACIOUS living accommodation with full gas fired central heating comprises:
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin (needs updating)
Large Lounge
Kitchen with some fittings
Please note that should the accommodation not be required for personal use there is potential to sublet the accommodation on a shorthold tenancy to provide a rental income of approx. £650 per month.
Outside
Yard at rear with double garage plus adjoining the shop is a large garden with lawn.
Tenure
We understand the entire premises are held on a secure renewable lease from a private landlord, the present lease having approximately 17 years unexpired at a rental of £10,000 p.a. exclusive of rates up to the 25th December, 2009, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,800 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £130,000 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
