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Newsagent & Off Licence in Hampshire For Sale

Newsagent & Off Licence in Hampshire For Sale
Newsagent & Off Licence in Hampshire For Sale Buy a Newsagent & Off Licence in Hampshire For Sale Sell a Newsagent & Off Licence in Hampshire For Sale Newsagent & Off Licence in Hampshire For Sale for Sale Newsagent & Off Licence in Hampshire For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential area, HAMPSHIRE

Turnover 2,000
Price 24,500

Features

Well Established News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Full Free off Licence

Electric shutters to SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 675 sq. ft. sales area with carpet tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, 8 greeting card display stands with drawers under, 1-3.75m open cool display unit, shelving, 1 glass fronted slimline drinks display fridge (on loan from Red Bull), 1 upright double door glass fronted display fridge (owned), 1 upright single door glass fronted display fridge (owned), ice cream deep freezer, CCTV system with 4 cameras, monitor plus recording.

Stockroom plus additional store area
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover curently averages 2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands & indeed with additional opening hours. Wholesale newsbill 500/550 p.w. In addition the business is agents for the sale of on line national lottery plus scratch cards & we understand this provides a commission of approximately 10/15 p.w. The business also has an Agency for Amazon Parcel Collection with we understand provides a further commission of 20/25 p.w. We are further advised that the sales year ending 31st January, 2017 showed sales of 93,102 with a gross profit of 20,534 (including commission received of 1,672).

Staff

The business is at present operated by the vendor with the assistance of his wife on a part time basis. 3 morning newsrounds. Delivery charge 2.50 p.w.

Trading Hours

Monday - Friday inclusive - 6.30 a.m. - 6 p.m.
Saturday opening - 6.30 a.m. - 4.30 p.m.
Sunday opening - 7 a.m. - 10 a.m. only
It will be appreciated upon inspection that there is terrific potetial for additional opening hours.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Bedrooms (1 double, 1 single)
Half tiled bathroom with bath, w.c. & wash hand basin
Lounge with laminated strip floor
Kitchenette

Outside

Small yard

Tenure

The vendor owns the freehold and subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease at a rental of 13,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REALISTICALLY PRICED FOR EARLY SALE

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 24,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 12,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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