Freehold Detached Village News, Confectionery, Tobacco, Greeting Cards, Stationery Slight Convenience Groceries, Pet Foods, On Line National Lottery | | Undisclosed Lincolnshire | | Sought after residential village, NORTH EAST LINCOLNSHIRE | | ADVERT NUMBER : 46883
ADVERT IMPRESSIONS : 23,719 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £450000 | | | | | BUSINESS DETAILS: | Features : Outstanding opportunity to acquire a profitable freehold detached Newsagents combined with spacious semi-detached adjacent 3 bedroom accommodation with garden.
Forecourt with parking for 8/10 cars to
MODERN SINGLE FRONTED SALES SHOP we understand built in the 1980's. Tiled floor, fluorescent lighting and fully equipped including counter, electric cash register with EPOS scanning system, 2 single door drinks display fridges (1 on loan from Lucozade plus 1 owned), upright glass fronted display deep freeze, glass topped chest ice cream deep freeze, shelving, 6 greeting card display stands (4 with drawers under), etc.
Loft area suitable for storage purposes
Rear storeshed
Location : Sought after residential village, NORTH EAST LINCOLNSHIRE
Opening Hours : Monday - Saturday inclusive - 5.30 a.m. - 6 p.m.
With the exception of Wednesday & Saturday when the business remains open until 7.30 p.m.
Sunday opening - 5 a.m. - 1 p.m.
Turnover : WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering tremendous potential to increase in the right hands. Wholesale newsbill £3,000 p.w. Gross profit in excess of 30%. We are further advised that the sales year ending 30th November, 2008 showed £393,295 with a gross profit of £137,265 (including approximately £10,000 p.a. lottery commission).
Tenure : Uniform Business Rate: £400 p.a. approx. (after small business relief)
OUTSTANDING OPPORTUNITY TO ACQUIRE A PROFITABLE NEWSAGENTS COMBINED WITH SPACIOUS ACCOMMODATION IN THIS SOUGHT AFTER LOCALITY.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £450,000 plus STOCK AT VALUATON (£12,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Please note the vendors are also prepared to consider the sale of the Freehold Detached Newsagents, excluding the private accommodation.
ASKING PRICE FOR THE FREEHOLD NEWSAGENTS (excluding the adjoining accommodation), GOODWILL, FIXTURES & FITTINGS £295,000 plus STOCK AT VALUATION (£12,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Accommodation : The SPACIOUS FAMILY living accommodation in the form of an adjoining SEMI DETACHED HOUSE built in the 1920's, all in VERY GOOD CONDITION, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Bedrooms (2 doubles, 1 single)
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Large 'L' shaped lounge with gas fire
Spacious kitchen, fully fitted including built-in oven
Utility area
Cloakroom with w.c. and wash hand basin
Outside : Medium sized garden with gravelled area, lawn
Staff : The business is at present operated by a husband and wife team with the assistance of 5 part time staff. 10 morning newrounds Monday - Saturday. 14 Sunday newsrounds. 17 evening newsrounds Monday - Saturday inclusive. Delivery charge village area 96p per week evenings. £1.19 p.w. mornings. Morning and evening deliveries combined £2.3 p.w. Delivery charge in respect of the country rounds (done by van) up to £7 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
