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Reference C8694

Newsagent and Off Licence in West Molesey For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, SURREY WEST MOLESEY

Turnover 5,000
Price 45,000

Features

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

SINGLE FRONTED SALES SHOP in the region of 400 sq. ft. sales area with tiled floor, fluorescent lighting. Fully equipped including counter, electronic cash register, 1 large open cool display unit, 1 double door glass fronted display fridge (owned), 1 single door glass fronted display fridge (on loan from Coca Cola), adjustable shelving, ice cream deep freezer, glass topped chest deep freezer etc.

Large stockroom with some racking
Staff cloakroom with w.c. & wash hand basin
Small kitchen

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 250 p.w. We understand the sales year ending 5th April, 2017 showed 156,363 with a gross profit of 51,841. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 30 p.w. The business also has Oyster which we understand provides a further commission of approximately 40 p.w. The business also has Payzone.

Staff

The business is at present operated by the vendor with the assistance of part time staff.

Trading Hours

Sunday - Thursday inclusive - 7 a.m. - 10 p.m.
Friday & Saturday - 7 a.m. - 11 p.m.

Outside

Space for rubbish bins at rear of shop

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of 13,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 4 years.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 45,000 plus STOCK AT VALUATION (15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 22,500 (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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