Profitable News, Confectionery, Tobacco, Greeting Cards, Stationery, Convenience Groceries, Full Free Off Licence, National Lottery | | Undisclosed Hampshire | | Modern single fronted shop front to - MEDIUM SIZED SALES SHOP approx. 350 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting and well equipped incuding centre display gondola, open cool display unit, upright glass fronted display deep freeze, upright single door drinks display fridge, modern adjustable shelving, magazine display shelving, counter, electronic cash register, ice cream deep freeze, 2 revolving card stands (on loan) etc. It will be appreciated upon inspection that there is potential to extend the shop at rear, if desired. | | ADVERT NUMBER : 26078
ADVERT IMPRESSIONS : 47,012 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £90000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, main road trading position, residential area, HAMPSHIRE.Opening Hours Monday - Saturday inclusive - 6 a.m. - 9 p.m.
Sunday opening - 7 a.m. - 6 p.m.Turnover WE ARE INFORMED the turnover averages £10,000 p.w. in our opinion offering tremendsous potential for further increase in the right hands. Wholesale newsbill £750/£800 p.w. In addition the business is agents for Paypoint and we understand this provides a commission of approx. £70/£80 p.w. The business received on line national lottery machine from May, 2008 and we understand the commission from the sale of on line national lottery tickets plus scratchcards is currently in the region of £100 p.w.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 £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,000 p.a. approx. + water rates (metered)
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation all in GOOD CONDITION, FULLY DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING comprises:
3 bedrooms (1) 9ft x 8ft 4. (2) 10ft 11 x 10ft. (3) 8ft 8 x 7ft 2
Bathroom with bath, w.c. and wash hand basin
Large lounge approx. 27ft long
Ground floor
Small Dining Room (mainly used for stock at present)
Kitchen with terracotta tiled floor, fitted units including 4-burner hob, oven, dishwasher, fridge, deep freeze
Conservatory
Staff cloakroom with w.c. and wash hand basinOutside Paved patio. Garage (newly built April, 1999)Staff The business is at present operated by the vendor's family. 3 local newrounds. Delivery charge £1/£1.50 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
