Old Established And Profitable Counter News, Magazines, Confectionery, Tobacco, Greeting Cards | | Undisclosed Herefordshire | | Terraced property situated in a residential and commercial area, not far from the town centre, HEREFORDSHIRE. | | ADVERT NUMBER : 39042
ADVERT IMPRESSIONS : 20,085 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £97500 | | | | | BUSINESS DETAILS: | Features : This old established Newsagents has been in the same hands for the past 11 years and there are genuine reasons for sale. DOUBLE FRONTED SALES SHOP approx. 500 sq. ft. sales area with non-slip floor, suspended ceiling with concealed lighting and fully equipped including Kleerex magazine display shelving, additional adjustable shelving, 2 greeting card display stands with drawers, 1 upright double door drinks display fridge, 1 upright single door drinks display fridge, counter, 2 tills with EPOS scanning etc.Office/StoreroomStaff w.c.Cellar`suitable for storage purposesLocation : Terraced property situated in a residential and commercial area, not far from the town centre, HEREFORDSHIRE.Opening Hours : Monday - Friday inclusive - 5.30 a.m. - 6 p.m.Saturday opening - 5.30. - 5.30 p.m. Sunday opening - 8 a.m. - 3 p.m.Turnover : WE ARE INFORMED the turnover averages £10,000 p.w. in our opinion offering further potential to increase in the right hands. We understand the business enjoys an excellent sale of magazines. Wholesale newsbill £2,200/£2,300 p.w.Tenure : We understand the premises are held on a secure renewable lease from a private landlored, the present lease having 6 years unexpired from February, 2010 at a rental of £12,600 p.a. exclusive of rates up to February, 2012, with rent to be agreed thereafter.Uniform Business Rates: £5,450 p.a. approx.RECOMMENDED FOR EARLY INSPECTIONPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 plus STOCK AT VALUATION (£18,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff : The business is at present mainly staff operated with the vendor on a part time basis. 5 part time staff employed. Wages paid in the region of £800 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
