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Reference C9271

Counter Newsagent with Off Licence in Hampshire For Sale

Counter Newsagent with Off Licence in Hampshire For Sale
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Register to see map and to make an appointment Situated in a parade, main road trading position, residential and commercial area, HAMPSHIRE

Turnover 7,250
Price 90,000

Features

Counter News, off Licence

PREMISES 650ft (60M)

DOUBLE FRONTED premises (no shutters), suspended ceiling with LED lighting, tiled floor. Air conditioning. Sales counter, EPOS till, cigarette gantry, 1.8m open cool display unit (used for wines and beers), glass fronted upright double-door fridge, ice cream freezer, adjustable shelving, etc.

Stockroom - tiled floor, fluorescent tube lighting, fully shelved

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages 7,250 p.w.. Wholesale newsbill 1,000 p.w. The business has an ATM machine which we understand provides a commission of approximately 350 per month. WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

Approx. 250 per week commission from NATIONAL LOTTERY
Approx. 200 per week commission from PAY ZONE

Staff

The business is at present operated by a husband & wife team with the assistance of 2 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY inclusive 6 am - 10 pm
SUNDAY 8 am - 5 pm

Outside

Rear garden

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 14,400 p.a. with rent reviews every 5 years.

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

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 45,000 (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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