Profitable News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free Off Licence, On Line National Lottery Plus Bus Passes | | Undisclosed Surrey | | Situated in a parade, main road trading position, residential and office area, sought after SURREY | | ADVERT NUMBER : 53440
ADVERT IMPRESSIONS : 6,818 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £59500 | | | | | BUSINESS DETAILS: | Features : SPACIOUS SALES SHOP approx. 800 sq. ft. sales area with lino floor plus partly carpet tiled, suspended ceiling with concealed lighting. The equipment includes 2 greeting card display stands (1 with drawers under plus 1 with gift wrapping paper section), large open cool display unit (for beers, wines and soft drinks), magazine display shelving, 1 revolving card display stand (owned), 1 long counter, coffee machine, electronic cash register, upright double door drinks display fridge (on loan from Lucozade), large glass sliding topped chest display deep freeze etc.
Stockroom
Location : Situated in a parade, main road trading position, residential and office area, sought after SURREY
Opening Hours : Monday - Saturday inclusive - 6.30 a.m. - 9 p.m.
Sunday opening - 7 a.m. - 7 p.m.
Turnover : WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential to increase in the right hands. Wholesale newsbill £900 p.w. Gross profit 20%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approx. £50 p.w. We further understand that bus passes and Oyster is shortly to be reintroduced.
Tenure : We understand the premises are held on a secure renewable lease for a period of 15 years from March, 2001 at a rental of £26,000 p.a. exclusive of rates up to March, 2010. (We understand at the present time the landlords have not requested a further increase in the rent for the next 3 years. We further understand that rent reviews are every 3 years).
Uniform Business Rates: £5,800 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of 2 SELF CONTAINED MAISONETTES, comprise:
FLAT NO. 1. with FULL GAS FIRED CENTRAL HEATING is at present occupied by 1 of the partners and comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
(This Flat is at present utilized by 1 the owners, which could obviously be continued, or indeed there is potential for sub-letting to provide a rental income if desired).
FLAT NO. 2 in the form of an additional SELF CONTAINED MAISONETTE, all in GOOD CONDITION and with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin (new suite)
Lounge
Kitchen with fitted units
(This Flat is at present let on a shorthold tenancy and provides currently a rental income of £800 per month).
Outside : Small yard at rear.
Staff : The business is at present operated by 1 of the partners with family help. 2 morning newsboys employed. Delivery charge £1.50 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
