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WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,100 p.w. Gross profit 24% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £47,500 plus STOCK AT VALUATION (£9,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Off road customer parking.
DOUBLE FRONTED SALES SHOP approx. 450 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes EPOS scanning system with 1 till, back-up computer, counter, modern shelving, 2 greeting card display stands with drawers, ice cream deep freeze, 1 upright double door drinks display fridge (on loan from Coca Cola), 2 upright single door drinks display fridges (1 owned plus 1 on loan from Lucozade) etc.
Staff cloakroom with w.c. and wash hand basin
Rear access
Staff
The business is at present operated by a husband and wife team. 5 morning newsrounds. 6 evening newsrounds. 9 Sunday newsrounds. Delivery charge 60p/90p p.w.
We understand the premises are held on a secure renewable lease from a private landlord having approx. 7 years unexpired at a rental of £8,700 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.
Uniform Business Rates: £2,000 p.a. approx. + water rates
