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WE ARE INFORMED the turnover averages £5,700 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £2,000 p.w. Gross profit 23% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,500 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SPACIOUS SINGLE FRONTED SALES SHOP approx. 800 sq. ft. sales area with lino floor, suspended ceiling with fluorescent lighting. Fully equipped including 2 open cool display units (both on loan), 1 upright single door drinks display fridge (on loan from Lucozade), ice cream deep freeze (owned), 5 greeting card display stands with drawers, counter, EPOS scanning system with 1 till etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present staff operated. Staff employed 2 full time staff employed. 5 morning newsrounds. Delivery charge 70p/£3 p.w.
We understand the premises are held on a secure renewable Council lease, the present lease expiring in November, 2015 at a rental of only £6,000 p.a. exclusive of rates up to November, 2009, with rent review at that time and thereafter every 3 years.
