Newly Fitted Counter News, Confectionery, Tobacco, Greeting Cards, Stationery, Soft Drinks | | Undisclosed Berkshire | | Situated in a parade, prime trading position, sought after BERKSHIRE TOWN. | | ADVERT NUMBER : 38963
ADVERT IMPRESSIONS : 16,932 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £69950 | | | | | BUSINESS DETAILS: | Features : ATTRACTIVE SINGLE FRONTED SALES SHOP approx. 390 sq. ft. recently newly fitted. Industrial non-slip floor, suspended ceiling with concealed lighting. Well equipped including 3.75m open cool display unit (used for soft drinks, milk, sandwiches etc), modern adjustable shelving, 1 greeting card display stand, custom built counter, till with EPOS scanning system, CCTV system with 6 cameras, 1 monitor plus recording.Staff cloakroom with w.c. and wash hand basinTo the rear of the premises are 2 stockrooms with additional cloakroom with w.c. and wash hand basin. We understand the 2 stockrooms have an A1 licence and in our opinion have potential for sub-letting as offices to provide a rental income, if desired.Location : Situated in a parade, prime trading position, sought after BERKSHIRE TOWN.Opening Hours : Monday - Saturday 7 am - 6.30 pmSunday 10 am - 5 pmTurnover : We understand the business commenced trading in December, 2008 and the turnover is currently £7,000 p.w. increasing, in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £660 p.w. Gross profit 26% approx.Tenure : We understand the premises are held on a secure renewable lease the present lease having approximately 11 years unexpired a rental of £20,000 p.a. exclusive of rates for the next 3 years, increasing at that time to £23,750 p.a. exclusive of rates for the next 4 years, with rent to be agreed thereafter.Uniform Business Rates: £5,000 p.a. approx.OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL FITTED COUNTER NEWS, CONFECTIONERY, TOBACCO BUSINESS IN THIS PRIME TRADING POSITION. 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 £69,950 plus STOCK AT VALUATION (£9,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff : The business is at present operated by a husband and wife team. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
