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Reference C9514

Kiosk selling Newspapers and coffees in Norfolk For Sale

Register to see map and to make an appointment Situated within a shopping centre with main bus station close by, NORFOLK

Turnover £ 2,250
Price £30,000

Features

Attractive Kiosk (selling Counter News, Confectionery, Tobacco, Vapes, Sandwiches, Teas & Coffees)

KIOSK. The equipment includes shelving, double door glass fronted drinks fridge (on loan from Coca Cola), 1 Monster fridge (on loan), 1 single door glass fronted fridge (owned), Walls ice cream freezer, Tea and coffee machine, vape display, counter, electronic cash register.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. - £2,500 p.w. with a Gross profit of 24% approx. Wholesale newsbill £200 p.w.

There is potential to increase scales by introducing an Off Licence, subject to planning permission.

Staff

The business is at present operated by the vendor wih family assistance as required.

Trading Hours

Operated Monday - Saturday inclusive- 7 a.m. - 5 p.m.
NO SUNDAY TRADING
We understand the shopping centre is open on Sunday & in our opinion there is potential for Sunday opening, if desired.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (council) granted for 6 years in 2024 with reviews every 3 years (next review 2027) at a current rent of £9,600 p.a.

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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 15,000 (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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