Profitable Freehold News, Confectionery, Tobacco, Magazines, Slight Convenience Groceries, Full Free Off Licence | | Undisclosed Staffordshire | | Situated in a parade of 8 shops, expanding residential and commercial area, STAFFORDSHIRE | | ADVERT NUMBER : 38953
ADVERT IMPRESSIONS : 23,464 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £180000 | | | | | BUSINESS DETAILS: | Features : Outstanding opportunity to acquire a profitable freehold business in this expanding area. We understand approximately 400 houses are in the course of construction nearby, whilst a Night Club is also opening nearby in the very near future.SINGLE FRONTED SALES SHOP approx. 4.5m width x 8.5m depth. New shop front. The shop has a suspended ceiling with concealed lighting and is well equipped including modern adjustable shelving, 1 ice cream deep freeze (owned), 3 double door glass fronted drinks display fridges (all owned, 2 used for soft drinks whilst the other is used for beers), 1 open cool display unit etc.Cellar ideal for storage purposesLocation : Situated in a parade of 8 shops, expanding residential and commercial area, STAFFORDSHIREOpening Hours : 5 a.m. - 11 p.m. seven days per weekTurnover : WE ARE INFORMED the turnover currently averages £7,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,300 p.w. (including magazine sales of approx. £600 p.w). Gross profit in excess of 25%.Tenure : RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £180,000 plus STOCK AT VALUATION (£15,000 approx).SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation : The accommodation in the form of a FIRST FLOOR STUDIO FLAT, comprises:Spacious Double Bedroom with kitchen area approx. 4.5m x 3.5mShower room with shower, w.c. and wash hand basinOutside : Yard at rear with parking space for 2 carsStaff : The business is at present operated by a husband and wife team, with the assistance of 1 full time staff. 1 morning newsround. Delivery charge 50p p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
