Freehold Counter News, Confectionery, Tobacco, Slight Convenience Groceries, With Sub Post Office. | | Undisclosed Norfolk | | Spacious Sales Shop, approx. 650 sq. ft. sales area, modernised and refurbished to a high standard, approx. 4 years ago. Quality non slip floor, suspended ceiling with concealed lighting, modern adjustable shelving, counter, electronic cash register, greeting card display stand, revolving card display stand, revolving booking display stand, open multi-deck cool display unit (for sandwiches and milk), upright double door drinks display fridge (on loan from Coca Cola, upright single door drinks display fridge (on loan from Lucozade), post office counter with anti-bandit screen (4 positions), etc. Rear Stockroom, Office, Staff Kitchen plus additional Kitchen, staff w.c. | | ADVERT NUMBER : 16187
ADVERT IMPRESSIONS : 21,455 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £385000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, excellent trading positiion, close to the seafront, NORFOLK.Opening Hours Retail shop:
Monday & Tuesday, 6.30 a.m. - 5.30 p.m.
Wednesday, 6.30 a.m. - 7.30 p.m. (Lottery night).
Thursday & Friday, 6.30 a.m. - 5.30 p.m.
Saturday, 7 a.m. - 7.30 p.m. (Lottery night).
Closed all day Sunday and on all bank holidays.
Post Office section:
Monday/Friday incl. 8.30 a.m. - 5.30 p.m.
Saturday 9 a.m. - 5.30 p.m.
It will be appreciated upon inspection, that there is terrific potential for additional opening hours.Turnover WE ARE INFORMED the average weekly turnover is currently 7,350 p.w, in our opinion offering tremendous potential for further increase - especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary licence and, indeed, with additional opening hours. Wholesale newsbill 600 p.w. Post Office salary 56,000 p.a. approx. (including commission received in respect of the sale of online National Lottery tickets plus scratchcards).Tenure The business has been in the same hands for the past 9 years and is solely offered for sale due to the vendors' retirement.
OUTSTANDING OPPORTUNITY TO ACQUIRE A SPACIOUS FREEHOLD PROPERTY, WITH 3 FLATS. IN OUR OPINION, THE BUSINESS OFFERS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.Price PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS, 385,000 plus stock at valuation (8,000 approx.)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.Accommodation The owners' private accommodation, known as flat 40a, is all in good condition, fully carpeted and with full gas fired central heating, comprises:
First floor:
Lounge.
Kitchen with fitted units.
Fully tiled bathroom with bath, shower over bath, wash hand basin.
Separate w.c.
Second floor:
2 double bedrooms.
In addition, stairs to attic bedroom. Ample space for 2 single beds.
Included in the sale are 2 further flats.
Flat at 41a via private entrance. Large entry hall to ground floor.
First floor:
Lounge.
Kitchen.
Bathroom with bath, w.c. & wash hand basin.
Second floor:
2 double bedrooms.
Third floor:
Attic bedroom.
The flat is at present let on a shorthold tenancy and provides a rental income of 120.00 per week, inclusive of council tax, which at present stands at 259.67 for the year 2008/2009. This flat is currently providing a rental income of 5,980.33 p.a.
Second flat known as 42a.
Rear private entrance. W.c., small store room. Reception/Bedroom.
First floor:
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.
Second floor:
2 double bedrooms.
This flat is also let on a short-hold tenancy and provides a rental income of 120 per week. The tenant, for this flat, is responsible for his own council tax. (Rental income for this flat is approx. 6,240 p.a.
Uniform business rates 1,145 p.a.Staff The business is at present operated by a husband and wife team, with the assistance of 2 staff in respect of the retail shop plus an additional 2 staff in respect of the sub post office. Wages paid in the region of 500 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
