Business for sale

Business description

We are informed the turnover averages £4,700 p.w. in opinion offering tremendous potential for further increase especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary licence. Wholesale newsbill £1,200 p.w. Gross profit 25% approx. In addition the business has Payzone which we understand provides a commission of approx. £25 p.w. Also in addition an ATM cash machine has recently been installed (approx. 1 month ago) and we understand the owner receives 90p per transaction.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£18,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: Ample Customer's Parking in front of shop

Forecourt to -

DOUBLE FRONTED MEDIUM SIZED SALES SHOP approx. 350 sq. ft. sales area with non-slip floor. The equipment includes new counter, electronic cash register, 5 greeting card display stands with drawers, 1 revolving card display stand (on loan), modern shelving, ice cream deep freeze (owned), 2 upright double door drinks display fridges (1 on loan from Coca Cola and 1 on loan from Lucozade, 1 upright single door drinks display fridge (owned), new paper display stand. ATM cash machine (on loan) etc.

Large basement ideal for storage purposes with 1 chest deep freeze


Staff: The business is at present operated by a husband and wife team plus family help. 7 newsrounds. Delivery charge £1.50/£3 p.w.


Opening Hours Monday - Saturday inclusive - 5.30 a.m. - 8 p.m.
Sunday opening - 5.30 a.m. - 6 p.m.


Accommodation The SELF CONTAINED accommodation all in VERY GOOD CONDITION, fully CARPETED and FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Newly fitted kitchen/dining room


Outside Small yard providing parking space for 1 car


Tenure We understand the premises are held on a secure renewable lease from a private landlord having approximately 13 years unexpired at a rental of £11,500 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,190 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : C7036