Profitable News, Confectionery, Tobacco, Slight Convenience Groceries, Full Free Off Licence | | Undisclosed Gloucestershire | | SPACIOUS TRIPPLE FRONTED SALES SHOP with carpet tiled floor, fluorescent lighting. The equipment includes counter, electronic cash register, 1 ice cream deep freeze (owned), 1 chest display deep freeze, 1 open cool display unit, 1 upright double door drinks display fridge (on loan from Coca Cola), 3 greeting card display stand with drawers etc. Stockroom Kitchen Staff w.c. | | ADVERT NUMBER : 16066
ADVERT IMPRESSIONS : 13,298 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £55000 | | | | | BUSINESS DETAILS: | Location Terraced property, busy trading position, country town of GLOUCESTERSHIREOpening Hours Monday - Saturday inclusive - 6 a.m. - 9 p.m.
Sunday opening - 7 a.m. - 7 p.m.Turnover WE ARE INFORMED the turnover averages 5,500/6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill 1,000 p.w. Gross profit 24% approx. In addition, the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of 75/80 p.w. The business is also agents for Payzone and we understand this provides a further commission of approx. 25 p.w.Tenure We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 4 years unexpired at a rental of 11,500 p.a. exclusive of rates, fixed for the remainder of the term.
Alternatively, we understand the landlord is prepared to grant a new 15 years lease at a rental of 11,500 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: 2,500 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 55,000 plus STOCK AT VALUATION (20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge
KitchenOutside Garden at rearStaff The business is at present operated by the vendor's brother with the assistance of his wife plus 1 part time staff. 3 newsrounds. Delivery charge 30p per day weekdays plus 50p on Sunday. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
