Business for sale

Business description

Profitable News, Confectionery, Tobacco, Greeting Cards, Stationery, Ices, Soft Drinks.

We are informed the turnover averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands and especially with the introduction of the sale of wines, beers and spirit, subject to obtaining the necessary off licence. Wholesale newsbill £1,000 p.w. Gross profit 20% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: Layby in front of parade providing parking for 6/7 cars.

Spacious double fronted Sales Shop with carpet tiled floor, suspended ceiling with fluorescent lighting. The equipment includes modern adjustable shelving, 3 greeting card display stands with drawers under, 2 revolving card display stands, 2 upright double door drinks display fridges (owned), 1 upright single door drinks display fridges (on loan), open cool display unit (on loan from Coca Cola), glass topped ice cream deep freeze (on loan), counter, 2 electronic cash registers etc.

Staffroom
Cloakroom with w.c. and wash hand basin
Stockroom


Staff: The business is at present operated by the vendor with the assistance of help from his brother. 8 morning newsrounds. Delivery charge £1/£1.50 p.w.


Opening Hours Monday - Sunday inclusive - 5.30 a.m. - 7.30 p.m.


Accommodation The accommodation, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

2 bedrooms (1 large double, 1 small double)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units


Outside Garage (not used)
Shared driveway


Tenure We understand the premises are held on a secure renewable lease the present lease having approximately 7½ years unexpired at a rental of £11,500 p.a. exclusive of rates up to September, 2010, with rent to be agreed thereafter.

Uniform Business Rates: £2,000 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION


Reference : C6858