Profitable Mainly Counter News, Confectionery, Tobacco, Greeting Cards Slight Convenience Groceries, Full Free Off Licence | | Undisclosed Dorset | | Situated in a parade, busy road, sought after residential area, DORSET | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 39031
ADVERT IMPRESSIONS : 31,404 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £105000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : Layby in front of parade (restricted to 45 minutes parking during the day)DOUBLE FRONTED MEDIUM SIZED SALES SHOP, carpeted. The equipment includes counter, 2 electronic cash registers, 3 greeting card display stands with drawers, 1 upright double door drinks display fridge (on loan from Coca Cola), 4 single door drinks display fridges (all owned), 4 chest deep freezes, shelving.Stockroom plus office at rearIt will be noted upon inspection that the adjoining shop which we understand is owned by the same landlady is currently vacant. In our opinion the business offers tremendous potential for further development if the adjoining shop was acquire to increase the sales area.Location : Situated in a parade, busy road, sought after residential area, DORSETOpening Hours : Monday - Saturday inclusive - 7 a.m. - 5.30 p.m. Sunday opening 7 a.m. - 1 p.m.It will be appreciated upon inspection that there is potential for additional opening hours.Turnover : WE ARE INFORMED the turnover averages £7,500 p.w. (included in the turnover is approx. £250 p.w. in respect of phone cards), in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,700 p.w. Gross profit 16% approx. The business is also agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £100 p.w. We are further advised that the sales year ending 31st August, 2008 showed £322,274 with a gross profit of £57,652Tenure : We understand the premises are held on a secure renewable lease from a private landlady having approximately 5 years unexpired at a rental of £10,500 p.a. exclusive of rates up to December, 2008, with rent review at that time and thereafter after the following 3 years.Uniform Business Rates: £1,010 p.a. + water ratesTHE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 8 YEARS AND THERE ARE GENUINE REASONS FOR SALE.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION (£15,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The accommodation comprises:Ground FloorLounge Kitchen with fitted units including cooker and washing machineFirst Floor3 Bedrooms (1 doubles, 2 singles)Half tiled bathroom with bath, w.c. and wash hand basinOutside : Yard with parking spaceStaff : The business is at present owned by a lady vendor and is operated by the family with the assistance of 2 part part time Monday - Friday. Only 2 evening newspaper rounds undertaken. Delivery charge £1 p.w. | | | | | | FOR SALE | | | | | REFERENCE: | C7380 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
