Profitable Old Established Semi-detached News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Hot Food Takeaway (including Pasties, Sa | | Undisclosed Dorset | | Excellent trading position, expanding area, DORSET. | | ADVERT NUMBER : 39038
ADVERT IMPRESSIONS : 34,106 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £575000 | LEASEHOLD: | £195000 | | | | | BUSINESS DETAILS: | Features : SPACIOUS SALES SHOP approx. 70 sq. metres. New tiled floor. All refitted approx. 2 months ago. Air conditioning. New suspended ceiling with concealed lighting (shortly to be fitted).Sandwich Bar Section with Fresh coffee machine (optional extra at price to be agreed), microwave oven, 2 small fridges, 1 small deep freeze.Retail counter, till with EPOS scanning, 1-2m open cool display unit (on loan from Coca Cola), 1 single door drinks display fridge (on loan from Lucozade), 6 greeting card display stands with drawers, small open cool display unit (used for sandwiches etc), modern adjustable shelving.Small kitchen area with sink Staff cloakroom with w.c. and wash hand basinStockroom with 2 upright deep freezes, 1 chest deep freezeAccess to first floor storage areaLocation : Excellent trading position, expanding area, DORSET.Opening Hours : Monday - Saturday inclusive - 5 a.m. - 5 p.m.Sunday opening - 5 a.m. - 1 p.m.Turnover : WE ARE INFORMED the turnover averages £10,000/£12,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary Off Licence. Wholesale newsbill £4,000 p.w. G.P. 24% approx.Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease in respect of the shop with living accommodation over at a rental of £20,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. Alternatively if the living accommodation is not required, the vendor, subject to satisfactory references, is prepared to grant a new 12 years full repairing and insuring lease in respect of the shop premises only at a rental of £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.Uniform Business Rates: £3,000 p.a. approx.PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION (£20,000 approx)SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAlternatively the vendor is prepared to consider the sale of the freehold property, which would include an adjoining Self Contained Shop, which is at present let on a short lease and provides a rental income of £400 per month.PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £575,000 plus STOCK AT VALUATION (£20,000 approx).SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTAccommodation : The accommodation approached from a staircase to the side of the property, FULLY CARPETED and with NIGHT STORAGE HEATERS, comprises:First FloorKitchen with fitted unitsAdjoining Living Room areaLarge Front Lounge (could readily be used as a bedroom)Shower room with shower, w.c. and wash hand basinStairs to Second FloorFurther Double BedroomSmall Boxroom/StoreroomCloakroom with w.c. and wash hand basinIt will be appreciated upon inspection there is potential to extend the property on the first and second floor, subject to the necessary planning permission.Staff : The business is at present operated by the vendor with the assistance of 1 full time plus casual staff when required. 19 newsrounds. Delivery charge £1.15 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
