Profitable Counter News, Confectionery, Tobacco, Greeting Cards, Stationery, Ices, Soft Drinks | | Undisclosed Hampshire | | Situated in a shopping precinct, just off a main road, residential and commercial area, HAMPSHIRE | | ADVERT NUMBER : 53133
ADVERT IMPRESSIONS : 12,778 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £57500 | | | | | BUSINESS DETAILS: | Features : DOUBLE FRONTED MEDIUM SIZED SALES SHOP with new tiled floor, fluorescent lighting and fully equipped including counter, electric cash register, 1 revolving card display stand, 1 large greeting card display stand with drawers under, shelving, 1 open cool display unit etc.
Stairs to first floor providing stockroom with shelving plus sink unit
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a shopping precinct, just off a main road, residential and commercial area, HAMPSHIRE
Opening Hours : Monday - Saturday inclusive - 6 a.m. - 5 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for Sunday opening, if desired.
Turnover : WE ARE INFORMED the turnover averages £5,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours and with the introduction of the sale of wines, beers and spirits, subject to obtaining the necessary Licence. Wholesale newsbill £700 p.w. Gross profit 20% approx.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 19 years unexpired at a rental of £12,000 p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £4,800 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £57,500 plus STOCK AT VALUATION (£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Small yard at rear
Staff : The business is at present operated by the vendor with the assistance of 1 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
