Old Established News, Confectionery, Tobacco, Greeting Cards, Stationery, Ices, Soft Drinks, Convenience Groceries, Full Free Off Licence | | Undisclosed Norfolk | | Situated in a parade, excellent main road trading position, residential and commercial area, NORFOLK. | | ADVERT NUMBER : 46809
ADVERT IMPRESSIONS : 19,470 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £87500 | | | | | BUSINESS DETAILS: | Features : Lay-by in front of shop providing parking space for 4/5 cars
SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 700 sq. ft. suspended ceiling, fluorescent lighting, new floor. Well equipped including counter, 2 electronic cash registers, 1 open cool display unit (used for beers), 1 single door glass fronted display fridge (used for wines), 1 additional glass fronted single door glass fronted display fridge (used for sandwiches etc), 1 upright sliding double door glass fronted display fridge (used for dairy produce), 1 additional double door drinks display fridge (on loan from Coca Cola), large chest display deep freeze, ice cream deep freeze etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, excellent main road trading position, residential and commercial area, NORFOLK.
Opening Hours : Monday - Friday inclusive - 5.30 a.m. - 10 p.m.
Sunday opening - 6 p.m. - 10 p.m.
Turnover : WE ARE INFORMED the turnover averages £10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,100 p.w. Gross profit 20/22% approx. The business is also agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approx. £120 p.w. The business is also agents for Paypoint and we understand this provides a further commission of approx. £200 per month.
Tenure : We understand the premises are held on a secure renewable lease from a private landlady having 12 years unexpired at a rental of £12,000 p.a. exclusive of rates. We understand that a rent revision is due, however, the landlord has not requested any increase. We further understand the rent reviews are every 3 years.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £87,500 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation, in the form of a SELF CONTAINED FLAT over, with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Double Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen/dining room
Outside : Small yard
Staff : The business is at present operated by a husband and wife team with the assistance of 1 full time and 1 part time staff.. 3 morning newsrounds. Delivery charge £1 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
