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News-agents with Off Licence for sale in Middlesex

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Reference : C6904

Well fitted NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, CONVENIENCE GROCERIES, 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
 

Location

Situated in a parade, main road trading position, densly populated residential area, MIDDLESEX (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potental for further increase. It should be noted we understand the off licence for the sale of wines, beers and spirits was only recently introduced. Wholesale newsbill £1,200 p.w. Gross profit 22% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand that this provides a commission of approx. £125 p.w. The business is also agents for the sale of bus passes and we understand that this provides a further commission of approx. £125 p.w. The business also has a Paypoint and we understand that this provides a commission of approx. £100 per month

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£25,000/£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

N.B. WE ARE ADVISED THE LANDLORD WILL REQUIRE A SIX MONTHS RENT DEPOSIT.

Features

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 800 sq. ft. sales area, all modernised and well fitted. Suspended ceiling, modern shelving, open cool display unit, 4 greeting card display stands with drawers, counter, electronic cash register, cigarette gantry (on loan), ice cream deep freeze (on loan) etc.

Large stockroom
Staff cloakroom with w.c. and wash hand basin

Staff

The business is at present operated by 2 brothers and no staff are employed. 2 morning newsboys employed. Delivery charge £1.40 p.w.

Opening Hours

Monday - Saturday inclusive - 6 a.m. - 9 p.m.
Sunday opening - 7 a.m. - 5 p.m.

Accommodation

The accommodation comprises:

2 Double Bedrooms.
Bathroom with bath, w.c. and wash hand basin.
Lounge.
Kitchen.

Outside

Yard at rear

Tenure

We understand the premises are held on a secure renewable lease having approximately 19 years unexpired at a rental of £14,000 p.a. exclusive of rates up to April, 2009, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,000 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

Reference : C6904

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