Newsagent and Confectioners in Bridgwater For Sale

Occupying a corner position, excellent High Street trading position, residential, office and commercial area, BRIDGWATER, Somerset.

Price £15,000

Features

Old Established Newsagents & Sweet Shop - Recently Closed

GRADE II LISTED
5 Day week

DOUBLE FRONTED PREMISES in the region of 300 ft² with carpeted (heavy duty) floor, ceiling with fluorescent lighting, sales counter, EPOS till, cigarette gantry, modern adjustable shelving, 2 x drinks display fridge (glass fronted upright double-door), Slushie Machine, CCTV system (3 cameras, 1 monitor).

Stock room.
Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover, when trading, currently averaged £4,500 p.w. with a Gross profit of 30% approx.. Wholesale newsbill £400 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoyed a commission of:

NATIONAL LOTTERY £100 per week approx.
PAY POINT £10 per week approx.
PARCEL £10 per week approx.

Trading Hours

WERE 5 Day week
MONDAY - FRIDAY 8am - 4pm

Tenure

The council owns the freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 14 years full repairing and insuring lease with rent reviews every 3 years at a rent of £6,588 p.a. for the first 3 years.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

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