| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 2,480 TIME(S)
BUSINESS REFERENCE : C6927 / RightBiz NEWLY FITTED COUNTER NEWS, CONFECTIONERY, TOBACCO, MAGAZINES, GREETING CARDS, SOFT DRINKS WITH SUB POST OFFICE | | | | | | SPACIOUS SINGLE FRONTED SALES SHOP in the region of 800 sq. ft. sales area, all modernised, refurbished and newly fitted in approx. December, 2005. Attractive woodstrip floor, suspended celing with concealed lighting. Air conditioning. Well equipped including slats to walls, magazine display shelving, stationery display shelving, 4 greeting card display stands with drawers, 4 revolving card display stands, 2 upright double door drinks display fridges (1 on loan from Coca Cola whilst the other is on loan from Lucozade), counter, electronic cash register, photocopier. Post Office counter with anti-bandit screen etc. Staff cloakroom with w.c. and wash hand basin | | | BUSINESS LOCATION: | Undisclosed Gwent UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £269000 | LEASEHOLD: | £49500 | | | | | | | | | | | BUSINESS DETAILS: | Location Situated in a parade, sought after residential area SOUTH WALESOpening Hours Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.
NO SUNDAY TRADINGTurnover WE ARE INFORMED the turnover averages 1,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 250 p.w. Gross profit 25% approx. Post Office salary 40,000 p.a. approx.Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of 12,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 49,500 plus STOCK AT VALUATION (8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 269,000 plus STOCK AT VALUATION (8,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation External rear staircase to the accommodation over, which does require refurbishment and modernisation, comprises:
First Floor
Large Lounge
Kitchen
Double Bedroom
Small Bathroom with bath, w.c. and wash hand basin
Second Floor
2 Double Bedrooms
Small Kitchen
Bathroom with bath, wash hand basin
Separate w.c.
As stated the accommodation does require complete refurbishment and modernisation.Outside Enclosed yard at rear.Staff The business is at present mainly staff operated. 3 part time staff employed. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | C6927 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
