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Reference C9133

Newsagent & Off Licence in Leicestershire For Sale

Register to see map and to make an appointment Situated in a parade, busy road, LEICESTER

Turnover 3,800
Price 35,000

Features

Counter News, Confectionary, Tobacco, Convenience Groceries, Full Free off Licence

SINGLE FRONTED SALES SHOP approximately 4m wide x 6.5m depth with tiled floor, fluorescent lighting. The equipment includes modern shelving, 1-3.75m open cool display unit, double door glass fronted fridge, counter, electronic cash register etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 3,800 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 350 p.w. We are further advised that the gross profit is in the region of 20%.

Staff

The business is at present operated by a husband & wife team with the assistance of 1 part time staff.

Trading Hours

Monday - Saturday inclusive - 6.30 a.m. - 9.30 p.m.
Sunday opening - 8 a.m. - 8 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Outside

Small yard with parking space for 1 car

Tenure

We understand the premises are held on a secure renewable lease, the present lease having 12 years unexpired from August, 2019 at a current rental of 9,000 p.a. exclusive of rates up to August, 2019 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 SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION (15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

**PLEASE NOTE ANY PROSPECTIVE PURCHASER IS TO BE RESPONSIBLE FOR LANDLORDS LEGAL COSTS**

Finance

Subject to status, you maybe able to borrow up to 17,500 (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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