Outstanding opportunity to acquire a quality Tobacconists selling a range of cigars, smokers requisits/accessories plus a quality range of whiskies and wines.
Attractive Sales Shop of approx. 700 sq. ft. completely refitted last year we understand at a cost of approx. £40,000. All fittings purpose built to a very high standard. The sales area has a woodstrip floor, spot and fluorescent lighting, quality shelving, counter, EPOS scanning system with 1 till.
Walk-in humidor for the cigars
Stockroom plus office/stockroom
Staff cloakroom with w.c. and wash hand basin
Turnover
WE UNDERSTAND the turnover is in the region of £3,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours and under personal supervision. Gross profit 35% approx. We are further advised that the sales, net of VAT, for the period 3rd August, 2004 to the 31st August, 2005 showed £166,023.
Staff
At present operated under management. Staff employed 1 full time plus 1 part time staff. In our opinion this is an ideal husband and wife operation.
Opening
Hours
Monday - Saturday inclusive - 10 a.m. - 5 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is terrific potential for additional opening hours.
Tenure
We understand the premises are held on a secure renewable lease for a period of 20 years from July, 2004 at a rental of £15,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter after the following 5 years.
OUTSTANDING OPPORTUNITY TO ACQUIRE A QUALITY TOBACCONIST COMBINED WITH FULL FREE OFF LICENCE IN THIS PRIME TRADING POSITION.
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£20,000 approx. negotiable).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Reference
C6588
Viewing is only via appointment contact Nationwide Businesses on 020 8763 1777.
