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Reference C8968

Newsagent & Off Licence in Surrey For Sale

Register to see map and to make an appointment Situated in a terrace, main road trading position, densely populated residential area, SURREY

Turnover 5,500
Price 60,000

Features

Well Fitted News, Confectionery, Tobacco Slight Convenience Groceries, Full Free off Licence

Electric shutters to DOUBLE FRONTED MEDIUM SIZED SALES SHOP probably in the region of 400 sq. ft. sales area with tiled floor, fluorescent lighting. 1-3.75m open cool display unit, ice cream deep freezer, glass topped chest display deep freezer, upright double door glass fronted display fridge, counter, electronic cash register, modern shelving, 8 cameras, monitor plus recording etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 5,500/6,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 450/500 p.w. We are further advised that the gross profit is in the region of 22%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of 60/70 p.w.

Staff

The business is at persent operated by alady vendor with the assistance of 1 full time staff. 1 morning newsround. Delivery charge 1.50/2 p.w.

Trading Hours

8 a.m. - 9 p.m. seven days per week

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 10 years full repairing and insuring lease at a rental of 12,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 yeas.

Uniform Busness Rates: Nil payable after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 60,000 plus STOCK AT VALUATION (15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 30,000 (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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