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Reference C9349

Counter Newsagent and Off Licence in Norfolk For Sale

Counter Newsagent and Off Licence in Norfolk For Sale
Counter Newsagent and Off Licence in Norfolk For Sale Buy a Counter Newsagent and Off Licence in Norfolk For Sale Sell a Counter Newsagent and Off Licence in Norfolk For Sale Counter Newsagent and Off Licence in Norfolk For Sale for Sale Counter Newsagent and Off Licence in Norfolk For Sale for Sale Counter Newsagent and Off Licence in Norfolk For Sale for Sale Counter Newsagent and Off Licence in Norfolk For Sale for Sale Counter Newsagent and Off Licence in Norfolk For Sale for Sale Counter Newsagent and Off Licence in Norfolk For Sale for Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, residential, office and commercial area, NORFOLK.

Turnover £ 9,000
Price £82,500

Features

Well Established Counter Newsagents & off Licence

RETIREMENT SALE

DOUBLE FRONTED PREMISES in the region of 750 ft² with ELECTRIC SHUTTERS. Tiled floor, ceiling with fluorescent lighting, sales counter, EPOS till, cigarette gantry, 2-3.5m open cool display units, Redbull fridge, Monster fridge, Walls' ice cream freezer, modern adjustable shelving, 5.2m card display unit, 3m magazine stand. CCTV system (8 cameras, 1 monitor).

Large stockroom 75ft² approx.

Toilet with w.c. and wash hand basin

Kitchen.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,000 p.w. with a gross profit of 22% approx. Wholesale newsbill £800 p.w. WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £100 per week approx.
PAY ZONE £10 per week approx.
ATM £60 per month approx.

Staff

The business is at present operated by the vendor

Trading Hours

7 Day week
MONDAY - SATURDAY 5.30am - 5.30pm
SUNDAY 6am - 1pm

Teremendous scope to increase with additional house

Accommodation

THE SELF CONTAINED ACCOMMODATION, Double-glazed windows, comprising:

2 Bedrooms (1 double, 1 single)
Kitchen
Lounge
Bathroom with bath, w.c. and wash hand basin

Outside

Parking space for 2 cars

Tenure

The private landlord owns the Leasehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 15 years full repairing and insuring lease with rent reviews every 5 years at a rent of £17,500 p.a. for the first 5 years.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £82,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 41,250 (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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