Business for sale

Business description

We are informed the turnover averages £7,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours and the recently introduced sale of wines, beers and spirits. Wholesale newsbill £1,000 p.w. Gross profit 22% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: SPACIOUS DOUBLE FRONTED SALES SHOP with aluminium shop front approx. 500 sq. ft. sales area with carpet tiled floor, suspended ceiling with concealed lighting. 2 air conditioning units. Counter, till with scanning system plus back-up computer, modern shelving. CCTV system with 3 cameras, 1 monitor plus DVD recording etc.

2 Stockrooms
Staff cloakroom with w.c. and wash hand basin


Staff: The business is at present staff operated. Staff employed 2 full time. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.


Opening Hours Monday - Saturday inclusive - 7.30 a.m. - 6 p.m.
Sunday opening - 8.30 a.m. - 3 p.m.


Accommodation The accommodation in the form of a SELF CONTAINED MAISONETTE over, DOUBLE GLAZED, does require some re-decoration and comprises:

3 Bedrooms (2 doubles, 1 single)
Half tiled bathroom with bath, w.c. and wash hand basin
Large Lounge/Dining Room approx. 21ft long
Kitchen with fitted units


Outside Yard at rear


Tenure We understand the premises are held on a secure renewable lease having approximately 8½ years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 3½ years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £5,000 p.a. approx. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTION


Reference : C6897