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Reference C9101

Newsagent& Off Licence in Hertfordshire For Sale

Newsagent& Off Licence in Hertfordshire For Sale
Newsagent& Off Licence in Hertfordshire For Sale Buy a Newsagent& Off Licence in Hertfordshire For Sale Sell a Newsagent& Off Licence in Hertfordshire For Sale Newsagent& Off Licence in Hertfordshire For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential area HERTFORDSHIRE

Turnover 4,000
Price 42,500

Features

Well Established Counter News, Confectionery, Tobacco Slight Convenience Groceries, Full Free off Licence Plus On Line National Lottery

Metal shutters to DOUBLE FRONTED SALES SHOP probably in the region of 400 sq. ft. sales area with tiled floor, centre display gondola, shelving plus magazine display shelving, 2.5m open cool display unit (used for soft drinks,milk etc), ice cream deep freezer, 1 greeting card display stand with drawers, counter, touchscreen till with EPOS scanning.

Office
Staff cloakroom with w.c. & wash hand basin
Stockroom plus additional room at rear

Turnover

WE ARE INFORMED the turnover averages 4,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 270 p.w. We are further advised that the sales year ending 30th November, 2018 showed 214,021.91 including commission from the sale of on line national lottery tickets plus scratch cards & UPS commission of 7,219 with a gross profit of 44,419.

Staff

We understand the business is operated by a husband & wife team & no staff are employed.

Trading Hours

Monday - Saturday inclusive - 6 a.m. - 7.30 p.m.
Sunday opening - 6 a.m. - 1 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:

1 Double Bedroom
Tiled shower room with shower, w.c. & wash hand basin
Lounge
Kitchenette

Outside

Shared garden at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in November, 2024 at a current rental of 19,000 p.a. exclusive of rates up to November, 2021 with rent to be agreed thereafter.

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2009 AND IS NOW OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 42,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 21,250 (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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