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WE ARE INFORMED the turnover averages £6,500 p.w. (plus approx. £2,000 p.w. in respect of the sale of phone top-up cards and international phone cards), in our opinion the business offers further potential to increase especially with the introduction of newspaper deliveries, if desired. Wholesale newsbill £900 p.w. Gross profit 17.5% approx. In addition the business has Paypoint
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Single fronted Sales Shop approx. 600 sq. ft. sales area, carpeted, fluorescent lighting. Fully equipped including electronic cash register, 2 ice cream deep freezes (owned), 1m dairy cabinet, 3 upright single door soft drinks display cabinets (2 on loan), 2 greeting card stands (1 with drawers under and 1 with gift wrapping paper section), shelving, counter, 3 tray convection oven, Egberts coffee machine (on loan) etc.
Stockroom with shelving plus 1 additional upright glass fronted drinks fridge
Staff cloakroom
Cellar
Staff
The business is at present operated by a husband and wife team.
The SELF CONTAINED living accommodation has the benefit of GAS CENTRAL HEATING and comprises:
3 double bedrooms
Bathroom with bath, w.c. and wash hand basin
Large lounge
Kitchen with fitted units
Outside
Yard at rear with parking space for 2 cars
Tenure
We understand the premises are held on a secure renewable lease having approx. 3 years unexpired at a rental of only £8,400 p.a. exclusive of rates, fixed for the remainder of the term.
Uniform Business Rates: £850 p.a. (after small business relief) + water rates (metered).
