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Reference C9086

Newsagent & Off Licence in West Midlands for sale

Location
Residential area WEST MIDLANDS

Features
Well Established Semi-detached News, Confectionery, Tobacco, Convenience Groceries, Full Free off Licence Plus On Line National Lottery

Forecourt to SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 800 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes counter, electronic cash reigster, 1 glass topped chest display deep freezer, 2 ice cream deep freezers (owned), shelving, 1-2m open cool display unit, 1-2.75m open cool display unit etc.

Small stockroom plus large stockroom (not used at present)

Kitchen
Staff w.c. & wash hand basin

Turnover
WE ARE INFORMED the turnover averages 6,000/6,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 750 p.w. We are further advised that the gross profit is in the region of 20%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 60 p.w.

Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 50,000 plus STOCK AT VALUATION (15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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