Profitable Counter News, Confectionery, Tobacco, Soft Drinks, Full Free Off Licence | | Undisclosed Suffolk | | DOUBLE FRONTED MEDIUM SIZED SALES SHOP with carpet tiled floor, suspended ceiling with concealed lighting. Well equipped including shelving, 1 open cool display unit (for soft drinks and sandwiches), 1 upright double door drinks display fridge (on loan from Lucozade), counter, 2 tills with scanning etc. Stockroom with shelving Staff cloakroom with w.c. and wash hand basin | | ADVERT NUMBER : 16003
ADVERT IMPRESSIONS : 42,793 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £130000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, secondary position, town centre, SUFFOLKOpening Hours Monday - Friday inclusive - 7 a.m. - 6 p.m.
Saturday opening - 8 a.m. - 6 p.m.
NO SUNDAY TRADING
The business is also closed on all bank holidaysTurnover WE ARE INFORMED the turnover averages 7,000/8,000 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours and Sunday opening. Wholesale newsbill 700 p.w. Gross profit 18% approx.Tenure We understand the premises are held on a secure renewable lease having 6 years unexpired from 15th April, 2007 at a rental of 8,000 p.a. exclusive of rates, currently under review for the next 3 years, however we understand at the present time the landlord has not made any request for an increase.
Uniform Business Rates: 900 p.a. approx.
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 130,000 plus STOCK AT VALUATION (15,000/20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a SELF CONTAINED FLAT over, in our opinion could be sublet, if not required for personal use, comprises:
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted unitsStaff At present operated by a lady vendor with the assistance of 2 part time staff. It will be appreciated upon inspection that with an active husband and wife team the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
