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Newsagents & Off Licence & 2 Bedrooms Flat. Location: Ilford (ig1)

Ilford Essex
A long established business located at busy road in densely populated area. It benefits from huge pedestrian flow as well as large traffic flow. The shop is surrounded by numerous retail outlets and schools. Lease to let or rent Newsagents & Off Licence & 2 Bedrooms Flat. Location: Ilford (ig1) is located in Essex.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 43752
ADVERT IMPRESSIONS : 13,586 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Off Licences
SALE: Private Sale

LEASEHOLD:

£35000 + STOCK

ANNUAL RENT:

£19200
 

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BUSINESS DETAILS:

It was established 20 years ago and the present owner has been running the business for over 2 years, who now wish to sell due to personal circumstances. The business deals in cigarettes ,other tobacco products, fast moving confectionery count lines (boxed chocolate selections, newspapers & magazine, cold drinks, greeting cards& various daily grocery requirements. Also offers 2 morning newspaper round. The premise is double fronted with a sign board above with the business name & measure approximately 600 sq ft. The shop is equipped for the need of the business. Equipments include open fronted cabinet, 3 upright fridges , ice cream fridge, 2 card display units, cigarette gantry, service counter, electronic cash register, 4 channels cctv. Storage, kitchen at the rear of the shop. ACCOMMODATION: A self contained flat comprises of a lounge, 2 bedrooms, kitchen, and bath/wc. This generating additional income of £9,600 per annum. TURNOVER: weekly turnover of averages £3,000 & additional income from the sale of National Lottery of £1,500 per week. Pay Point £10,000 per week & Western Union averages around £800 per week. HOURS: 6.00 am TO 11.00 pm Monday to Sunday

Tenure: leasehold 18 years remain, Rent: £19,200 per annum review every 4 years. Business rate: £3,500 per annum

Price: £30000 plus stock at valuation
   
  EXPIRED - AWAITING DELETION
   

REFERENCE:

43752 / RightBiz
   
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