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Reference C9154

Newsagent & Off Licence in Purley For Sale


Register to see map and to make an appointment Situated in a parade, trading position, SURREY. PURLEY

Price 165,000

Features

Profitable Counter News, Confectionery, Tobacco, Greeting Cards, Full Free off Licence

SPACIOUS DOUBLE FRONTED SALES SHOP with quality tiled floor. Air conditioning/heating unit. Modern adjustable shelving, 2.5m open cool display unit plus 1-5m open cool display unit (2 units), centre gondola, 2 upright glass fronted fridges, ice cream deep freezer, counter, 2 electronic cash registers, 1 touchscreen till with scanning. CCTV system with 6 cameas, monitor plus recording.

Stockroom
Staff w.c. & wash hand basin

Turnover

THE VENDOR enjoys a good turnover, full details of which will be discussed upon inspection. Wholesale newsbill 520 p.w. In addition the business has on line national lottery plus scratch cards & we understand this provides a commission of approximately 200 p.w. The business also has Oyster which we understand provides a further commission of approximately 240 p.w. The business has Western Union which we understand provides yet a further commission of approximately 1,000 per month.

Staff

At present operated by the vendor with the assistance of 1 full time staff.

Trading Hours

Monday - Thursday inclusive - 6 a.m. - 9 p.m.
Friday & Saturday - 6 a.m. - 10 p.m.
Sunday opening - 7 .m. - 9 p.m.

Outside

Rear access with parking space for 1 car

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in 2022 at a rental of 19,000 p.a. exclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: 3,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 165,000 plus STOCK AT VALUATION (40,000/45,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 82,500 (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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