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Reference C9305
Features
Profitable well Established Semi-detached News, Confectionery, Tobacco, Greeting Cards with Alcohol Licence (not Utilized At Present)
SPACIOUS SALES SHOP approx. 70 sq. metres with tiled floor. Air conditioning. Suspended ceiling with concealed lighting.
Counter, till with EPOS scanning, 1-3.75m open cool display unit, 1.2 m open cool display unit from Red Bull, 10 greeting card display stands with drawers under, modern adjustable shelving.
Small kitchen area with sink
Staff cloakroom with w.c. and wash hand basin
Stockroom with deep freezers
Access to first floor storage area
Turnover
WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering terrific potential for further increase in the right hands, especially with the re-introduction of the sale of wines, beers & spirits, subject to obtaining the necessary personal licence. Wholesale newsbill £2,500 p.w. We are further advised that the gross profit is in the region of 24% approx.
Staff
The business is at present operated by a manager plus 1 staff member. 8 morning newsrounds. Delivery charge £3.00 p.w.
Trading Hours
Monday - Saturday inclusive - 5 a.m. - 6 p.m.
Sunday opening - 5 a.m. - 1 p.m.
Accommodation
The accommodation approached from a staircase to the side of the property, FULLY CARPETED and with NIGHT STORAGE HEATERS, at present let and providing a rental income of £500 per calendar month, comprises:
First Floor
Kitchen with fitted units
Adjoining Living Room area
Large Front Lounge (could readily be used as a bedroom)
Shower room with shower, w.c. and wash hand basin
Stairs to Second Floor
Further Double Bedroom
Small Boxroom/Storeroom
Cloakroom with w.c. and wash hand basin
Tenure
FREEHOLD
Uniform Business Rates: Nil payable at present (Please contact local authority to confirm)
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £299,950 plus STOCK AT VALUATION (£10,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 209,965 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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