Business for sale

Business description

We are informed the turnover averages £3,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £600 p.w. Gross profit 20% approx.

National Lottery sales provide an additional income of £125 p.w. approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£12,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.


Features: Single fronted medium sized premises with electric shutters. 700 sq ft approx., laminated strip floor floor, suspended ceiling with fluorescent lighting. Fully equipped including, glass fronted display counter, electronic cash register, modern adjustable shelving, 1 upright double-door drinks fridges, 1 upright double-door Coca-Cola fridge, 1 dairy cabinet, 3 freezers, 4 greeting card display stand with drawers, etc.

CCTV system including 4 cameras, 1 monitor and dvd recorder.

Small storeroom.

Staff toilet with w.c. and wash hand basin.


Staff: The business is at present operated by the vendor and an additional 2 part time staff employed. 2 newsboys employed, delivery charge £1 p.w.


Opening Hours: Monday - Friday inclusive - 6 a.m. - 10 p.m.
Saturday opening - 6.30 a.m. - 9.30 p.m.
Sunday opening - 7 a.m. - 8 p.m.


Outside Parking at rear for 2 cars




Tenure We understand the premises are held on a secure renewable lease, having approx. 18 years unexpired at a rental of £10,000 p.a. exclusive of rates next rent review in 3 years then every 3 years

Uniform Business Rates: £2,100 p.a. approx.


Reference : C6969