Profitable News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free Off Licence | | Undisclosed West Midlands | | Situated in a parade, residential area, WEST MIDLANDS | | ADVERT NUMBER : 39121
ADVERT IMPRESSIONS : 18,046 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £150000 | | | | | BUSINESS DETAILS: | Features : No Parking RestrictionsService road in front of paradeSPACIOUS SINGLE FRONTED SALES SHOP approx. 1,200 sq. ft. sales area. Newly fitted approx. 4 months ago. Tiled floor, suspended ceiling with concealed lighting. New adjustable shelving, 2 display gondolas, 2 glass topped chest deep freezes, 2 open cool display units, counter, 2 electronic cash registers (1 with scanning) etc.StockroomStaff cloakroom with w.c. and wash hand basinLocation : Situated in a parade, residential area, WEST MIDLANDSOpening Hours : 6 a.m. - 9 p.m. seven days per weekTurnover : WE ARE INFORMED the turnover averages £18,000 p.w. in our opinion offering tremendous to increase in the right hands. Wholesale newsbill £2,500 p.w. Gross profit 22% 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 approx. £220 p.w. The business also Paypoint and we understand this provides a further commission of approx. £100 p.w.Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.Uniform Business Rates: £2,100 p.a. approx. + water ratesRECOMMENDED FOR EARLY INSPECTIONPrice : OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £150,000 plus STOCK AT VALUATION (£50,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation : The accommodation in the form of a SELF CONTAINED MAISONETTE over, comprises:3 Bedrooms (2 doubles, 1 single)Bathroom with bath, w.c. and wash hand basinLoungeKitchen with fitted unitsStaff : The business is at present operated under management. Staff employed 1 full time manager plus 2 full time and 2 part time staff. 5 morning newsrounds. Delivery charge £1 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
