Profitable Old Established Counter News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries With Full Free Off Licence. | | Undisclosed Northamptonshire | | SPACIOUS DOUBLE FRONTED SALES SHOP 700 sq. ft. approx. occupying a corner position, fluorescent lighting. The equipment includes counter, 2 electronic cash registers, modern adjustable shelving, ice cream deep freeze (owned), 3 upright single door glass fronted display fridges, 1 upright double door drinks display fridge (on loan) deep freeze, CCTV system etc. In our opinion, as will be appreciated upon inspection the shop would benefit from some refitting. Kitchenette facilities leading to substantial courtyard Located under the main shop are 2 large cellars, currently not in use. | | ADVERT NUMBER : 26074 ADVERT IMPRESSIONS : 34,523 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £87500 | | | | | BUSINESS DETAILS: | Location Situated in a terrace, densely populated residential area, NORTHAMPTONSHIREOpening Hours 8 a.m. - 8 p.m. seven days per weekTurnover WE ARE INFORMED the turnover averages £8,000/£9,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Wholesale newsbill £450 p.w. We are further advised that the sales for the 6 month period ending September, 2008 showed £202,031 with a gross profit of £47,992.Tenure We understand the premises are held on a secure renewable lease, the present lease having approximately 28 years unexpired ata rental of £16,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £1,122 p.a. + water rates
OUTSTANDING OPPORTUNITY TO ACQUIRE AN OLD ESTABLISHED COUNTER NEWS, CONFECTIONERY, TOBACCO BUSINESS WITH FULL FREE OFF LICENCE IN OUR OPINION THE BUSINESS OFFERS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £87,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The SPACIOUS accommodation, which does require some re-decoration, comprises:
4 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Separate Dining Room
KitchenOutside Large courtyard at rear with 3 spacious stockrooms plus shower room with shower, w.c.Staff The business is at present operated as a family concern. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |