Profitable News, Confectionery, Tobacco, Greeting Cards, Stationery, Ices, Soft Drinks Slight Convenience Groceries, Full Free Off Licence Plus On Lin | | Undisclosed Suffolk | | Situated end of parade, town centre and close to a large park, SUFFOLK | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 46834
ADVERT IMPRESSIONS : 18,432 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £140000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : DOUBLE FRONTED SALES SHOP occupying a corner position. Approx 300 sq. ft. sales area with carpet tiled floor, suspended ceiling with concealed lighting and fully equipped including counter, 2 electric cash registers, ice cream deep freeze (owned), 1 small deep freeze (mainly used for ice lollies), 1 upright double door glass fronted drinks display fridge (owned and used for wines and beers), 2 additional upright double door drinks display fridges (1 on loan from Coca Cola whilst the other is on loan from Lucozade), 4 greeting card display spinners (on loan), 1 greeting card display stand etc.
Office/Storeroom
Staff cloakroom with w.c. and wash hand basin
In addition there is a basement stockroom
Location : Situated end of parade, town centre and close to a large park, SUFFOLK
Opening Hours : Monday - Saturday inclusive - 6 a.m. - 7 p.m.
Sunday opening - 7 a.m. - 2.30 p.m.
Turnover : WE ARE INFORMED the turnover averages £12,000 p.w. in our opinion offering further potential to increase, especially with additional opening hours. Wholesale newsbill £1,200 p.w. Gross profit 24% 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. £100 p.w. The business also has Paypoint.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 27 years unexpired at a rental of £15,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £1,200 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £140,000 plus STOCK AT VALUATION (£15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over with NIGHT STORAGE HEATERS is at present let on a shorthold tenancy and provides a rental income of £425 per calendar month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:
2 Bedrooms (1 double, 1 large single)
Shower room with shower, w.c. and wash hand basin
Lounge with kitchen area
Staff : The business is at present operated by the vendor with the assistance of his family plus 2 part time staff. 4 morning newsrounds. Delivery charge £1/£1.50 p.w. | | | | | | FOR SALE | | | | | REFERENCE: | C7473 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
