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Reference C9041

Newsagent with Toys & Stationary in Whitstable For Sale


Register to see map and to make an appointment Situated in a parade, excellent High Street trading position, KENT. WHITSTABLE

Turnover 5,500
Price 30,000

Features

Most Superior and Highly Lucrative Counter News, Confectionery, Tobacco, Greeting Cards, Stationery, Pens, Artists Materials, Model Toy Kits Plus Model Making Equipment Realistically Priced For Early Sale

Turnover 5,500 p.w. Wholesale newsbill 1,500 p.w. Gross profit 30% approx. Operated on a strict 6 day week basis, opening Monday - Saturday inclusive - 8.30 a.m. - 5 p.m. No Sunday Trading.

SPACIOUS WELL EQUIPPED SALES SHOP, double fronted and with double door approx. 20ft frontage by 75ft depth providing a total sales area in the region of 1,500 sq. ft. The shop has a carpet tiled floor, suspended ceiling with fluorescent lighting and is well equipped including counter, 2 tills with EPOS scanning system, new counter, 6 greeting card display stands with drawers, new photocopier (on lease to be taken over), large Klerex magazine display section, 2 upright single door drinks display fridges, 3 revovling display stands, CCTV system with 8 cameras, 2 monitors, hard disc recording etc.

Large rear stockroom with shelving

Stairs to first floor providing an additional stores area

In addition on the ground floor is an office plus 1 additional small store

2 staff cloakrooms each with w.c. and wash hand basin
Staff kitchen

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 1,000 p.w. Gross profit 26% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this is providing an average commission at present of approximately 40 p.w.

Staff

The business is at present operated by the vendor with the assistance of 1 full time and 1 part time staff.

Trading Hours

Operated on a strict 6 day week basis
Monday - Saturday inclusive - 8.30 a.m. - 3 p.m.
NO SUNDAY TRADING

Outside

Small yard.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of 17,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: 7,216 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 30,000 plus STOCK AT VALUATION (40,000 approx. can be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 15,000 (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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