Business for sale

Business description

Profitable Village Stores, News, Confectionery, Tobacco, Full Free Off Licence, Takeaway, Sandwiches and Rolls, Hot Bacon Sandwiches, Cakes, etc.

We are informed the turnover averages £9,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £2,500 p.w. (Included in the weekly turnover is a approx, £1,400 p.w. in respect of hot food, sandwiches and rolls). The business is also agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £75 p.w. We are further advised that the sales year ending 5th April, 2007 showed £402,705 with a gross profit of £85,366.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION (£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: Forecourt with space for 3 tables plus 9 chairs (can be increased during the summer months) to -

SINGLE FRONTED SALES SHOP with tiled floor, approx. 350 sq. ft. sales area with counter, electronic cash register, modern shelving, ice cream deep freeze, upright glass fronted drinks display fridge, 1 revolving card stand (owned), electronic scales.

Rear preparation area with automatic coffee machine, slush machine, double sink and drainer, 1 fridge/freezer, griddle, work surface etc.

Staff cloakroom with w.c. and wash hand basin


Staff: The business is at present operated by a husband and wife team with the assistance of 3 part time. In addition there are 14 newsrounds within the village area. Delivery charge £1.50/£2.50 p.w.


Opening Hours Monday - Saturday inclusive - 6 a.m. - 7 p.m.
Sunday opening - 8 a.m. - 2 p.m.


Tenure We understand the premises are held on secure renewable lease having approximately 17 years unexpired at a rental of £7,800 p.a. exclusive of rates up to December, 2010, with rent review at that time and thereafter every 3 years.

Unform Business Rates: £700 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : G5119