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Reference C8729

Newsagent with Off Licence in Guildford For Sale

Newsagent with Off Licence in Guildford For Sale
Buy a Newsagent with Off Licence in Guildford For Sale Sell a Newsagent with Off Licence in Guildford For Sale Newsagent with Off Licence in Guildford For Sale for Sale Newsagent with Off Licence in Guildford For Sale for Sale Newsagent with Off Licence in Guildford For Sale for Sale Newsagent with Off Licence in Guildford For Sale for Sale Newsagent with Off Licence in Guildford For Sale for Sale

Register to see map and to make an appointment Excellent main road trading position, residential area, SURREY GUILDFORD

Turnover 7,500
Price 40,000

Features

Profitable Semi-detached Confectionery, Tobacco, Greeting Cards, Stationery, Convenience Groceries, Full Free off Licence Plus Deliveries of Wines, Spirits, Confectionery & Toiletries

Forecourt to - DOUBLE FRONTED SALES SHOP probably in the region of 700 sq. ft. sales area with non-slip floor, suspended ceiling. Air Conditioning. 1-2m open cool display unit, 1-3m Arneg open cool display unit, 1-3.75m open cool display unit, modern adjustable shelving, 3 greeting card display stands with draawers, 1 ice cream deep freezer, upright deep freezer, 1 large glass topped chest deep freezer etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 7,500/8,000 p.w. in our opinion offering further potential to increase & in our opinion there is potential to reintroduce newspapers, if desired, subject to obviously obtaining the necessary supplies from the Wholesalers. We are further advised that the gross profit is in the region of 24/25% approx. The vendor also operates Collect plus & we understand this provides a commission of approximately 1,500 p.a.

Staff

At present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

8 a.m. - 10 p.m. seven days per week

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of 16,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after full relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 40,000 plus STOCK AT VALUATION (30,000/35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 20,000 (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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