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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 2,202 TIME(S)
BUSINESS REFERENCE : C6068 / RightBiz

PROFITABLE COUNTER NEWS, CONFECTIONERY, TOBACCO, GREETING CARDS, STATIONERY, FANCY GOODS, ICES, SOFT DRINKS SLIGHT CONVENIENCE GROCERIES, ON LINE NATI

 

 
Spacious double fronted Sales Shop with fluorescent lighting, fully equipped including modern adjustable shelving, 2 electronic cash registers, Walls' ice cream deep freeze (on loan), upright double door drinks fridge (on loan from Coca Cola), 2 upright glass fronted drinks fridges (including 1 on loan), counter, electronic scales, 3 greeting card display stands with drawers etc. Stockroom Staff cloakroom with w.c. and wash hand basin

BUSINESS LOCATION:

Undisclosed Gwent UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Newsagents

SALE:

Agent Sale

LEASEHOLD:

£35000
   
 
   

BUSINESS DETAILS:

Location Situated in a parade, residential area, SOUTH WALES.Opening Hours 6.30 a.m. - 5.30 p.m.
Sunday opening 8 a.m. - 12 noon onlyTurnover WE ARE INFORMED the turnover averages 4,000 p.w. in our opinion offering tremendous potential for further increase, especially with newspaper deliveries and additional opening hours. Wholesale newsbill 600 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 that this provides an additional income of approx. 190 p.w.Tenure We understand the entire premises are held on a secure renewable lease having approx. 22 years unexpired at a rental of 9,000 p.a. exclusive of rates for the next 2 years, increasing at that time to 10,400 p.a. exclusive of rates for the following 5 years, with rent reviews thereafter.

Uniform Business Rates: 3,000 p.a. approx. + water rates (metered)

RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION (15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The spacious living accommodation, which does require some modernisation and redecoration, comprises:

5 rooms plus bathroom with bath, wash hand basin
Separate w.c.
KitchenOutside Small yard at rear.Staff The business is at present operated by a husband and wife team with the assistance of 1 part time staff plus 1 Saturday assistant.
   
  FOR SALE
   

SELLER:

NATIONWIDE BUSINESSES LTD

CONTACT:

020 8763 1777

REFERENCE:

C6068 / RightBiz

ENQUIRIES:

 
 
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