Business for sale

Business description

We are informed the turnover currently averages £7,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill £1,400 p.w. Gross profit 20% approx.


Price: TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £395,000 plus STOCK AT VALUATION (£15,000/£20,000 approx. including news accounts).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT


Features

* Parking for 6 cars in front of shop, restricted to 45 minutes duration during the day.

* Total site area in the region of ¼ of an acre.

* Turnover currently £7,000 p.w. Wholesale newsbill £1,400 p.w.

It will be appreciated upon inspection that there is tremendous potential to extend the shop area at the rear, subject to the necessary planning permission.

Forecourt to spacious DOUBLE FRONTED SALES SHOP approx. 32 ft. frontage x 20 ft. depth, with tiled floor, fluorescent lighting, and fully equipped including ice cream display deep freeze (owned), glass topped chest display deep freeze, upright double door drinks display fridge, 1 upright single door display fridge (for sandwiches, dairy produce), 1 upright single door drinks display fridge (on loan from Coca Cola), 1 electronic cash register, 1 electronic scales, 3 greeting card display stands, 1 long counter, shelving etc.

Stockroom plus kitchen area.
Staff cloakroom with w.c. and wash hand basin.

Stairs to first floor. 3 additional rooms.


Staff: The business is at present operated by a lady vendor with the assistance of her daughter plus 1 part time staff and 1 weekend assistant. 5 morning newsrounds. 8 Sunday newsrounds. 4 evening newsrounds. Delivery charges 60p Monday-Saturday mornings increased to 76p to include Sunday morning. Evenings Monday-Saturday inclusive 54p.


Opening Hours Monday - Saturday inclusive - 6.30 a.m. - 9 p.m.
Sunday opening - 6.45 a.m. - 1 p.m.


Accommodation The spacious living accommodation with full GAS FIRED CENTRAL HEATING, comprises:

4 Double Bedrooms.
Bathroom with bath, shower over bath, w.c. and wash hand basin (new suite last year)
Lounge
Separate Dining Room
Kitchen (needs refitting)
2 Conservatories

It should be noted that the accommodation on the first floor has an entrance to the 3 stockrooms situated over the shop and, in our opinion, these stockrooms could be incorporated into the private living accommodation, if desired.


Outside Large garden with lawn, flower borders.
Large paved patio area plus gravelled area
Garage.


Tenure Uniform Business Rates: £1,700 p.a. approx. + water rates (metered)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : C6998