Business for sale

Business description

We are informed the turnover averages £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,100 p.w. Gross profit 24% approx.


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £47,500 plus STOCK AT VALUATION (£9,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features: Off road customer parking.

DOUBLE FRONTED SALES SHOP approx. 450 sq. ft. sales area with tiled floor, fluorescent lighting. The equipment includes EPOS scanning system with 1 till, back-up computer, counter, modern shelving, 2 greeting card display stands with drawers, ice cream deep freeze, 1 upright double door drinks display fridge (on loan from Coca Cola), 2 upright single door drinks display fridges (1 owned plus 1 on loan from Lucozade) etc.

Staff cloakroom with w.c. and wash hand basin

Rear access


Staff: The business is at present operated by a husband and wife team. 5 morning newsrounds. 6 evening newsrounds. 9 Sunday newsrounds. Delivery charge 60p/90p p.w.


Opening Hours: Monday - Saturday inclusive - 6 a.m. - 5.30 p.m.
Sunday opening - 7 a.m. - 12 noon


Tenure We understand the premises are held on a secure renewable lease from a private landlord having approx. 7 years unexpired at a rental of £8,700 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.

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

RECOMMENDED FOR EARLY INSPECTION


Reference : C6795