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Newsagent & Off Licence in Hampshire For Sale

Newsagent & Off Licence in Hampshire For Sale
Newsagent & Off Licence in Hampshire For Sale Buy a Newsagent & Off Licence in Hampshire For Sale Sell a Newsagent & Off Licence in Hampshire For Sale Newsagent & Off Licence in Hampshire For Sale for Sale Newsagent & Off Licence in Hampshire For Sale for Sale

Register to see map and to make an appointment Situated in a parade, office, commercial & residential area, HAMPSHIRE

Turnover 4,500
Price 19,500 / 80,000

Features

Well Established News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free off Licence (introduced September, 2018)

SINGLE FRONTED SALES SHOPapproximately 450 sq. ft. sales area with tiled floor. Counter, electric cash register with EPOS scanning system, 2 double door glass fronted display fridges (owned), ice cream deep freezer (owned), shelving, 2 greeting card display stands with drawers under etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 4,500 p.w. in our opinion offering further potential to increase, especially with additional opening hours. Wholesale newsbill 1,550 p.w. (including orders received from the airport).

Staff

At present operated by the vendor & no staff are employed, however 1 driver is employed for the delivery of newspapers to the airport. In addition there are 4 newsrounds (2 undertaken by the vendor). Delivery charge 25/40p p.w.

Trading Hours

Monday - Saturday inclusive - 5.40 a.m. - 5 p.m.
Sunday opening - 6 a.m. - 11 a.m.

Tenure

WE UNDERSTAND THE PROPERTY IS LEASEHOLD HAVING APPROXIMATELY 997 YEARS UNEXPIRED AT NIL GROUND RENT P.A.

THE VENDOR, SUBJECT TO SATISFACTORY REFERENCES, IS PREPARED TO GRANT A NEW 15 YEARS FULL REPAIRING AND INSURING UNDER-LEASE AT A RENTAL OF 6,000 P.A. EXCLUSIVE OF RATES FOR THE FIRST 3 YEARS WITH RENT REVIEW AT THAT TIME AND THEREAFTER EVERY 3 YEARS.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW UNDER-LEASE, GOODWILL, FIXTURES & FITTINGS 19,500 plus STOCK AT VALUATION/NEWS ACCOUNTS
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR PRICE TO INCLUDE THE VALUABLE LONG LEASEHOLD PROPERTY (APPROXIMATELY 997 YEARS UNEXPIRED AT NIL GROUND RENT P.A). GOODWILL FIXTURES & FITTINGS 80,000 plus STOCK AT VALUATION/NEWS ACCOUNTS
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 56,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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