Old established NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, MAGAZINES, CONVENIENCE GROCERIES, FULL FREE OFF LICENCE
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WE ARE INFORMED the turnover currently averages £3,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours and the sale of wines beers and spirits. Wholesale newsbill £1,000 p.w. Gross profit 24% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of £75/£80 p.w. We are further advised that a bus pass machine is shortly to be installed.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £38,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
DOUBLE FRONTED MEDIUM SIZED SALES SHOP with counter, electronic cash register, shelving, 2 ice cream deep freezes (owned). 2 single door drinks display fridges, 1 double door display fridge, shelving etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by 2 partners (only 1 in the shop at any one time). 1 delivery person. Delivery charge £1.50 p.w.
We understand the premises are held on a secure renewable lease, the present lease having 6 years unexpired from September, 2008 at a current rental of £12,800 p.a. exclusive of rates up to September, 2008, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £3,200 p.a. approx. + water rates
