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Reference C8857

Newsagent and Off Licence in Somerset For Sale

Newsagent and Off Licence in Somerset For Sale
Newsagent and Off Licence in Somerset For Sale Buy a Newsagent and Off Licence in Somerset For Sale Sell a Newsagent and Off Licence in Somerset For Sale Newsagent and Off Licence in Somerset For Sale for Sale Newsagent and Off Licence in Somerset For Sale for Sale Newsagent and Off Licence in Somerset For Sale for Sale

Register to see map and to make an appointment Situated in a parade, close to the High Street, Night Clubs & Bars plus opposite College, NORTH EAST SOMERSET

Turnover 5,500
Price 245,000

Features

Freehold News, Confectionery, Tobacco, Cigars, Pipes Slight Convenience Groceries, Full Free off Licence

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 750 sq. ft. sales area. Carpet tiled floor, suspended ceiling with concealed lighting. We understand the shop was refitted approximately 2 years ago at a cost of 35,000. Counter, electronic cash register, 4 single door glass fronted display fridges (all used for soft drinks), 1 additional single door glass fronted display fridge (used for wines & beers), modern adjustable shelving, 1 small greeting card display section etc.

Small stockroom
Kitchen
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 5,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 900 p.w. The business is also agents for the sale of online national lottery tickets plus scratch cards. We are further advised that the sales year ending April, 2017 showed 259,737 with a gross profit of 52,567.

Staff

The business is at present operated by a husband & wife team & no staff are employed. 3 morning newsrounds. Delivery charge 1.70/1.90 p.w.

Trading Hours

Monday - Saturday inclusive - 5.30 a.m. - 5.30 p.m.
Sunday opening - 5.30 a.m. - 4 p.m.

Accommodation

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

1 Double Bedroom with built-in wardrobe
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge
Fitted Kitchen

Tenure

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 245,000 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 171,500 (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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