Superior Well Fitted News, Confectionery, Tobacco, Greeting Cards, Soft Drinks With Sub Post Office | | Undisclosed Tyne and Wear | | No parking restrictions. Free Public Car Park opposite parade. SPACIOUS SINGLE FRONTED SALES SHOP approx. 600 sq. ft. sales shop. All newly fitted to a high standard approx. 3 years ago. Non-slip floor, suspended ceiling with concealed lighting, modern shelving. 1 upright double door drinks display fridge, counter, electronic cash register. Post Office combination counter. Computer for news deliveries. Post office counter with anti-bandit screen (2 positions) etc. Large Stockroom Kitchen area Staff cloakroom with w.c. and wash hand basin | | ADVERT NUMBER : 26058
ADVERT IMPRESSIONS : 46,730 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £65000 | | | | | BUSINESS DETAILS: | Location Situated in a parade of 4 shops, residential estate, TYNE & WEAROpening Hours Monday - Friday inclusive - 6.30 a.m. - 5.30 p.m.
Closing 1 p.m. - 2 p.m. for lunch
Satuday opening - 6.30 a.m. - 1 p.m. only
Sunday opening - 7 a.m. - 12 noon only
It will be appreciated upon inspection that there is potential for additional opening hours.Turnover WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £900 p.w. Gross profit 18/20% approx. Post Office salary £20,000 p.a.Tenure We understand the premises are held on a secure renewable Council Lease, the present lease having approximately 3 years unexpired at a rental of only £3,200 p.a. exclusive of rates.
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£5,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff The business is at present operated by the owner on a part time basis with the assistance of 3 part time staff. In addition there is 1 news person for news deliveries on the estate. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
