Business for sale

Business description

Location This business is located in Hampshire.

We are informed the turnover averages £5,500 p.w. in our opinion offering further potential to increase in the right hands, especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary Licence and indeed with additional opening hours. Wholesale newsbill £2,500 p.w. In addition, the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand that this provides an additional income of approx. £120 p.w. We are further advised that the sales year ending 31st March, 2006 showed £276,168 with a gross profit of £77,245 plus commission of £7,462 providing an overall gross profit of £84,707.


TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS, £295,000 plus STOCK AT VALUATION (£12,000 approx. plus news accounts).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Features Ample customers' car parking.

Forecourt to SPACIOUS DOUBLE FRONTED SALE SHOP, approx. 500 sq. ft. sales area with air conditioning, tiled floor and well equipped including counter, 2 tills with EPOS scanning system, modern adjustable shelving, 4 greeting card display stands with drawers under plus 2 wall rack greeting card display units, 2 upright single door drinks display fridges (owned), 1 ice cream deep freeze, electronic scales etc.

Small storeroom
Staff cloakroom with w.c. and wash hand basin
Side area adjoining shop used for newspaper marking up

Staff The business is at present operated by a husband and wife team, with the assistance of 2 part time staff and 4 part time juniors at weekends. 12 morning newsrounds. 9 evening newsrounds. 15 Sunday newsrounds. Delivery charge £1.40 p.w.

Opening Hours Monday - Friday inclusive - 6 a.m. - 5.30 p.m.
Saturday opening - 6.30 a.m. - 6 p.m.
Sunday opening - 6.30 a.m. - 11 a.m.
It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Accommodation The spacious living accommodation all in VERY GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Double Bedrooms
Partly tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Large Lounge/Dining Room with patio door to garden
Fully fitted kitchen

Outside Attractive medium sized garden with large decked area plus lawn & flower borders.
Store shed plus metal store
Garage and Car Port

Tenure Uniform Business Rates: £1,000 p.a. approx. (after small business relief)

THE BUSINES HAS BEEN IN THE SAME HANDS FOR THE PAST 6 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : C7037