Profitable News, Confectionery, Tobacco Slight Convenience Groceries | | Undisclosed Devon | | Situated in a parade, residential area, SOUTH DEVON | | ADVERT NUMBER : 38985
ADVERT IMPRESSIONS : 50,211 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £49950 | | | | | BUSINESS DETAILS: | Features : DOUBLE FRONTED MEDIUM SIZED SALES SHOP with carpet tiled floor, suspended ceiling with fluorescent lighting. Fully equipped including counter, electronic cash register, 1 open cool display unit, 2 greeting cards stands (1 with drawers under whilst the other is with gift wrapping paper section), ice cream deep freeze, shelving etc.Small stockroomStaff w.c. with wash hand basinLocation : Situated in a parade, residential area, SOUTH DEVONOpening Hours : Monday - Saturday inclusive - 6 a.m. - 5 p.m. Sunday opening - 7 a.m. - 1 p.m.Turnover : WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,400 p.w. Gross profit 22% approx.Tenure : We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 3½ years unexpired at a rental of £6,250 p.a. exclusive of rates, fixed for the remainder of the term. Uniform Business Rates: £900 p.a. approx. (after small business relief)RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,950 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 with the assistance of 1 full part time staff. 6 morning newsrounds. 5 evening newsrounds. Delivery charge 70p p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
