Profitable Well Fitted News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free Off Licence, On Line National Lottery | | Undisclosed Hampshire | | Situated end of parade of 5 shops, sought after residential area, with 2 schools nearby, HAMPSHIRE | | ADVERT NUMBER : 39028
ADVERT IMPRESSIONS : 24,701 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £260000 | LEASEHOLD: | £95000 | | | | | BUSINESS DETAILS: | Features : No Parking ProblemsSPACIOUS SINGLE FRONTED SALES SHOP with double door, electric shutters, tiled floor, suspended ceiling with concealed lighting and well equipped including centre display gondola, modern adjustable shelving, 3-tier ice cream display deep freeze (owned), 3 upright double door glass fronted drinks display fridges (1 on loan from Pepsi Cola whilst the other 2 are on loan from Lucozade), counter, 1 till with scanning, 2 greeting card display stands with drawers plus 1 corner card display unit. CCTV system with 4 cameras, monitor plus video recording.Small kitchen with sinkStaff cloakroom with w.c. and wash hand basinTo the rear of the property is a small outside store. In addition at rear is a garage rented at £40 per month for storage purposes.Location : Situated end of parade of 5 shops, sought after residential area, with 2 schools nearby, HAMPSHIREOpening Hours : Monday - Saturday inclusive - 5.30 a.m. - 7 p.m.Sunday opening 5.30 a.m. - 12 noon onlyTurnover : WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering further potential to increase in the right hands. We understand the Off Licence was introduced in October, 2008 and in our opinion there is terrific potential for the sale of wines, beers and spirits to be improved, especially with evening opening. Wholesale newsbill £3,000 p.w. Gross profit 24% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approximately £80 p.w. The business also has Payzone.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 £12,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£15,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £260,000 plus STOCK AT VALUATION (£15,000 approx).SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTStaff : The business is at present operated by the vendor's wife, whilst the vendor continues in full time employment. Staff employed 1 full time and 1 part time staff. 9 morning newsrounds. 9 afternoon newrounds. Delivery charge 70p p.w. increasing to a maximum of £3 p.w. in respect of deliveries to a hotel and some other businesses. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
