Business for sale

Business description

We are informed the turnover averages £2,200/£2,300 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £260 p.w. Gross profit 20% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £60 p.w.


Price: OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £189,500 or near offer plus STOCK AT VALUATION (£6,000 approx).
SUBSTANTIAL MORTGATE TO AN APPROVED APPLICANT


Features: This old established business has been in the same hands for the past 24 years and there are genuine reasons for sale.

DOUBLE FRONTED CORNER SHOP approx. 300 sq. ft. sales area. The equipment includes counter, electronic cash register, cigarette gantry (on loan), glass topped ice cream deep freeze, upright glass fronted drinks display fridge, 1 upright double door drinks display fridge, shelving etc.

In our opinion the shop would benefit from being refitted.


Staff: The business is at present operated by the vendor's wife. 1 newsround. Delivery charge £1 p.w.


Opening Hours: Monday - Friday inclusive 6.30 a.m. - 7 p.m.
Closing for lunch from 1.30 p.m. - 2 p.m.
Wednesday evening the business remains open until 7.30 p.m. for the sale of on line national lottery tickets
Saturday opening - 7 a.m. - 7.30 p.m.
Closing 1.30 p.m. - 2 p.m. for lunch
Sunday opening - 7 a.m. - 2 p.m.
It will be appreciated upon inspection that there is potential for additional opening hours.


Accommodation The SELF CONTAINED LIVING ACCOMMODATION is at present let on a shorthold tenancy, providing a rental income of £80 p.w. However, we understand vacant possession can be given on completion. The accommodation FULLY DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

First floor
2 Bedrooms (1 double 3.2 x 1.8 Mtrs, 1 single 2.85 x 2.05 Mtrs)
Large Lounge 4.3 x 3.3 Mtrs

Ground Floor
Kitchen with fitted units
Separate bathroom with bath, w.c. and wash hand basin


Outside Rear garage


Tenure Uniform Business Rates: £380 p.a. approx. + water rates

AS STATED THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 24 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : G5154