SELF SERVICE STORES, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £3,000/£3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £600 p.w. Gross profit 20% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION (£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
SINGLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor. 2 centre display gondolas, counter, electronic cash register, 1 large chest deep freeze, 1 Walls' ice cream deep freeze (owned), 1 open cool display unit (used for wines, beers plus dairy products), 2 upright double door drinks display fridges (including 1 on loan from Coca Cola), shelving etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor with the assistance of 1 full time staff. 2 morning newsboys employed. 2 evening newsboys employed. Delivery charge 70p/£1 p.w.
We understand the premises are held on a secure renewable lease having approximately 3½ years unexpired at a rental of £5,580 p.a. exclusive of rates. (It should be noted that included in the lease is an adjoining lock-up shop let and producing a rental income currently of £1,860 p.a. exclusive of rates). Therefore the net rental payable at the present time is only £3,720 p.a. exclusive of rates.
Uniform Business Rates: £1,240 p.a. approx. + water rates
