Business for sale

Business description

This business is located in Gloucestershire.

We are informed the turnover averages £6,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £2,300 p.w. In addition, the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £110/£120 p.w. The business also has a Paypoint and we understand this provides a further commission of £25/£30 p.w. We are further advised that the sales year ending 31st July, 2006 showed £268,083 with a gross profit of £63,674 (including commission received of £7,410).

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £450,000 plus STOCK AT VALUATION (£20,000 approx). SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Features No Parking Problems plus include in the sale opposite the shop is a small freehold tarmaced car park which can accommodate 3/4 cars for the benefit of customers.

ATTRACTIVE DOUBLE FRONTED SALES SHOP with double doors approx. 650 sq. ft. sales area with tiled floor, fluorescent lighting. Refitted approx. 4 years ago. Well equipped including counter, 1 till with EPOS scanning system plus back-up computer, upright double door drinks display fridge (on loan from Coca Cola), 3 upright single door drinks display fridges (including 2 on loan), open cool display unit, centre display gondolas, 2 greeting card display stands with drawers, large glass topped sliding chest display deep freeze, ice cream deep freeze (owned), modern adjustable shelving, slats to walls etc.

Rear stockroom plus additional stockroom
Staff Shower room with shower, w.c. and wash hand basin

Staff The business is at present operated by the vendor with the assistance of his son and part time help from the family. 9 morning newsrounds. Delivery charge £1.20 p.w.

Opening Hours Monday to Saturday inclusive 6 a.m. - 7 p.m.
With the exception of Wednesday, Friday & Saturday when the business remains open until 7.30 p.m. mainly for the sale of on line national lottery tickets
Sunday opening 6 a.m. - 1 p.m.

Accommodation The SPACIOUS FAMILY accommodation situated on the first floor, with front and rear access, FULLY DOUBLE GLAZED and has FULL GAS FIRED CENTRAL HEATING, comprises:

3 Double Bedrooms
Shower Room with shower, w.c. and wash hand basin
Large Lounge with fitted kitchen area

In addition, included in the sale and situated on the ground floor is a SELF CONTAINED FLAT, which we understand could be sub-let to provide a rental income of approx. £500 per month. The Ground Floor Flat comprises:

1 Small Double Bedroom
Shower Room with shower, w.c. and wash hand basin
Large Lounge with fitted kitchen area

Outside Rear garden with paved patio plus lawn

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 5 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : C6929