Profitable modern COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, ICES, SOFT DRINKS plus incorporating a POUND SHOP selling Stationery, Small Electrical Goods, Toys, Household Goods.
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WE ARE INFORMED the turnover averages £10,000 p.w. including the turnover form the Pound Shop area. Wholesale newsbill £2,000 p.w. Gross profit 30% approx. In addition the business has Paypoint and we understand this provides a commission of approx. £100 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Obviously the transfer of the lease is subject to satisfactory references and we understand the landlord may well require a rent deposit.
Features
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,000 sq. ft. sales area with tiled floor plus industrial non-slip floor at rear, suspended ceiling, spot and fluorescent lighting. 2 upright double door glass fronted display fridges (on loan), modern adjustable shelving, large magazine display section, 5 greeting card display stands with drawers, cigarette gantry (on loan), 1 ice cream deep freezes (on loan), counter, electronic cash register etc.
Small stockroom/kitchenette at rear
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by a husband and wife team with the assistance of 1 full time and 1 part time staff.
Opening
Hours
Monday - Sunday inclusive - 7 a.m. - 7 p.m.
Accommodation
The accommodation in the form of a SELF CONTAINED MAISONETTE over with NIGHT STORAGE CENTRAL HEATING, comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units
Outside
Car parking space for 1 car.
Tenure
We understand the premises are held on a new 12 years lease from the 25th March, 2004 at a current rental of £35,000 p.a. exclusive of rates up to March, 2012, with rent to be agreed thereafter.
We understand that the landlord requires 1 years rent deposit.
Uniform Business Rates: £8,000 p.a. approx. + water rates (metered)
