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Reference C9147

Newsagent & Off Licence in Surrey For Sale

Newsagent & Off Licence in Surrey For Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential area with college nearby, SURREY

Turnover 5,000
Price 55,000

Features

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

DOUBLE FRONTED MEDIUM SIZED SALES SHOP the equipment includes 2.5m open cool display unit (used for beers plus soft drinks), 3-door glass fronted display fridge (on loan from Coca Cola), 2m open cool display unit (used for soft drinks), centre display gondola, coffee machine, magazine disp;ay shelving, counter, cash register etc.

Turnover

WE ARE INFORMED the turnover averages 5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 400 p.w. Gross profit 24% approx. 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 Oyster which we understand provides a further revenur of approximately 80 p.w. The business also has E-Bay which we understand provides a further revenue of 20/25 per month.

Staff

At present operated by a lady vendor & no staff are employed.
1 morning news round. Delivery charge 3 p.w.

Trading Hours

Monday - Friday inclusive 6.30 a.m. - 8.30 p.m.
Saturday opening - 7.30 a.m. - 8.30 p.m.
Sunday opening - 7.30 a.m. - 2 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, comprises:

3 Bedrooms (1 large double, 1 additional double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen
In addition there is an attic which we understand is suitable for storage purposes

Outside

Garden with lawn

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 12 years unexpired at a rental of 16,800 p.a. exclusive of rates for the next 2 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 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 55,000 plus STOCK AT VALUATION 8,000/10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 27,500 (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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