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Reference C8965

Newsagent & Off Licence in Weston-Super-Mare For Sale

Register to see map and to make an appointment Situated end of parade, busy road, residential area, NORTH SOMERSET WESTON-SUPER-MARE

Turnover 3,500
Price 35,000

Features

Well Established News, Confectionery, Tobacco, Convenience Groceries, Full Free off Licence

ATTRACTIVE SALES SHOP in the region of 500/600 sq. ft. with tiled floor. The equipment includes counter, electronic cash register, upright glass fronted display deep freezer, 1-2.5m open cool display unit, 2 single door glass fronted drinks display fridges (owned), shelving etc.

Stockroom

Turnover

WE ARE INFORMED the turnover averages 3,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 1,500 p.w. We are further advised that the gross profit is in the region of 22%.

Staff

At present operated by the vendor's wife with the assistance of 1 part time staff. 8 morning newsrounds (3 news persons employed - 1 newsperson delivers by car accounting for approximately 6 of the newsrounds including deliveries to carehomes). Delivery charge 1.20/2.50 p.w.

Accommodation

The accommodation comprises:

2 Bedrooms (1 double, 1 large single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Outside

Garden

Tenure

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 7 years unexpired at a rental of 9,450 p.a. exclusive of rates for the next 2 years with rent to be agreed thereafter.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 17,500 (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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