Profitable old established NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, ICES, SOFT DRINKS
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viewing is only via appointment only - Please register
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WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sales of wines, beers and spirits, subject to obtaining the necessary off licence. Wholesale newsbill £2,300 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 £120 p.w. Also in addition the business is agents for bus passes and we understand this provides a further commission of approx. £100 p.w.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£18,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
DOUBLE FRONTED MEDIUM SIZED SALES SHOP with electric shutters. Refitted in December, 2006. Carpet tiled floor, suspended ceiling with concealed lighting. 10 greeting card stands with drawers, 1 revolving card stand (on loan), 1-2m open cool display unit, Walls' ice cream deep freeze (on loan), counter, electronic cash register etc.
Stockroom/marking up room at rear with shelving
Staff cloakroom with w.c. and wash hand basin
Staff
The business is operated by the vendor's wife on a part time basis with the assistance of 1 full time staff. 12 morning newsrounds. Delivery charge £1.35/£2.00 p.w.
Opening
Hours
Monday - Saturday inclusive - 6 a.m. - 6 p.m.
With the exception of Wednesday & Saturday when the business remains open until 6.30 p.m. for the sale of on line national lottery tickets
Sunday opening - 6 a.m. - 1 p.m.
Outside
Yard at rear
Tenure
We understand the premises are held on a secure renewable lease from a private landlord, the present lease having 5 years unexpired from August, 2008 at a rental of £12,750 p.a. exclusive of rates. We understand that there is a rent revision due, however, the landlord has not requested any increase in the rent at the present time.
Uniform Business Rates: £6,000 p.a. approx. (without small business relief)
