Well fitted NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, CONVENIENCE GROCERIES, FULL FREE OFF LICENCE
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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.
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