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Reference C9020

Newsagent & Off Licence in Berkshire for sale

Location
Situated in a parade, sought after residential area, BERKSHIRE

Features
Counter News, Confectionery, Tobacco, Convenience Groceries, Full Free off Licence

SINGLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, LED lighting, counter, electronic cash register, 2.75m open cool display unit (used for wines & beers), 2m glass topped chest display deep freezer, modern shelving. CCTV system with 8 cameras, monitor plus recording.

Stockroom
Small office
Staff w.c. & wash hand basin

Turnover
WE ARE INFORMED the turnover averages 2,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 220 p.w. We are further advised that the gross profit is in the region of 24%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand that this provides a commission of approximately 100 p.w. The business has Paypoint plus agency for Parcel Send & Collect which we understand provides a further commission of approximately 70 p.w.

Accommodation
The accommodation in the form of a SELF CONTAINED MAISONETTE is at present let on a shorthold tenancy and provides a rental income of 800 per month, however we understand vacant possession can be given on completion, if required. The accommodation comprises:

First Floor
Double Bedroom
Lounge
Kitchen

Second Floor
Additional Double Bedroom
Bathroom with bath, shower over bath, w.c. & wash hand basin

Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 20,000 plus STOCK AT VALUATION (10,000/15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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