Search more Newsagents for sale in Northamptonshire
Reference C9100

Newsagent & Off Licence in Northamptonshire For Sale

Register to see map and to make an appointment Main road trading position, residential area, NORTHAMPTONSHIRE.

Turnover 4,500
Price 65,000 / 295,000

Features

Well Established Semi-detached News, Confectionery, Tobacco Slight Convenience Groceries, Full Free off Licence

Electric shutters to SINGLE FRONTED SALES SHOP plus 3 side windows. Approximately 470 sq. ft. sales area with tiled floor. The equipment includes modern adjustable shelving, 2 greeting card display stands (1 with drawers under whilst the other has a gift wrapping paper section), 1 ice cream deep freezer (owned), 3.75m open cool display unit (used for soft drinks, sandwiches etc), counter, electric cash register with EPOS system etc.

Office
Staff w.c. & wash hand basin

Large cellar

Turnover

WE ARE INFORMED the turnover averages 4,500/5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 700 p.w. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 70 p.w. The business also has a Click Collect + parcel service & we understand this provides a further revenue of approximately 50 p.w. The business has Paypoint.

Staff

The business is at present operated by a husband & wife team with the assistance of 2 newsboys. Delivery charge 2 p.w.

Trading Hours

Monday - Saturday inclusive - 5 a.m. - 6 p.m.
Sunday opening - 6.30 a.m. - 1 p.m.

Accommodation

The SELF CONTAINED accommodation FULLY DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy & provides a rental income of 600 per month, however we understand that vacant possession can be given on completion if required. The accommodation comprises:

2 Double Bedrooms
Shower room with shower, w.c. & wash hand basin
Large Lounge
Fitted Kitchen

Outside

Small yard

Tenure

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 15/20 years full repairing and insuring lease at a rental of 15,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 65,000 plus STOCK AT VALUATION (15,000/20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 295,000 plus STOCK AT VALUATION (15,000/20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 32,500 (lease) 206,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

Search more Newsagents for sale in Northamptonshire

Buy a Newsagent & Off Licence in Northamptonshire For Sale on NationwideBusinesses.co.uk