Profitable Old Established Lock Up Freehold News, Confectionery, Tobacco Slight Convenience Groceries, Full Free Off Licence | | Undisclosed Suffolk | | End of terrace property, residential and commercial area with the advantage of a college and a university nearby, SUFFOLK | | ADVERT NUMBER : 39037
ADVERT IMPRESSIONS : 33,658 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £145000 | | | | | BUSINESS DETAILS: | Features : SINGLE FRONTED MEDIUM SIZED SALES SHOP with woodstrip floor, fluorescent lighting. Well equipped including modern adjustable shelving, counter, electronic cash register, 1 upright double door drinks display fridge, (owned and used for soft drinks), 1 upright double door drinks display fridge (owned and used for beers and sandwiches), Walls' ice cream deep freeze (owned).Rear room for marking up of newspapersStaff w.c. and wash hand basinLocation : End of terrace property, residential and commercial area with the advantage of a college and a university nearby, SUFFOLKOpening Hours : Monday - Friday inclusive - 6.30 a.m. - 6 p.m.Saturday opening - 6.30 a.m. - 3 p.m.NO SUNDAY TRADINGIt will be appreciated upon inspection that there is potential for additional opening hours, if desired.Turnover : WE ARE INFORMED the turnover averages £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,000 p.w. Gross profit 22% approx.Tenure : Uniform Business Rates: £1,400 p.a. approx. + water rates OUTSTANDING OPPORTUNITY TO ACQUIRE A FREEHOLD OLD ESTABLISHED NEWSAGENTS, WHICH IN OUR OPINION HAS TERRIFIC POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION (£6,000 approx).SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation : There are 2 rooms on the first floor, used as offices. In our opinion there is potential to utilize the first floor area as small accommodation, if desired.Outside : Yard. Garage.Staff : The business is at present operated by a husband and wife team. 4 morning newsrounds. 4 afternoon newsrounds. Delivery charge £1.50 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
