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Related Ads > West Midlands Business for Sale > Leasehold Newsagents to Lease > Newsagents in West Midlands for Sale 

Profitable Well Fitted News, Confectionery, Tobacco, Greeting Cards, Stationery Slight Convenience Groceries, On Line National Lottery With Sub Post O

Undisclosed West Midlands
Situated in a parade, sought after village residential area, WEST SUSSEX

ADVERT NUMBER : 53547
ADVERT IMPRESSIONS : 12,729 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Newsagents
SALE: Agent Sale

LEASEHOLD:

£150000
 

BUSINESS DETAILS:

Features : Large Car Park providing ample customer's car parking for the parade (restricted to a maximum of 2 hours during the day).

SPACIOUS SALES SHOP approx. 550 sq. ft. sales area, refitted in September, 2010 at a cost we understand of approximately £25,000. New ceramic non-slip floor, suspended ceiling with concealed lighting, 4 greeting card display stands with drawers, magazine display shelving, 4m open cool display unit (used for soft drinks, dairy produce, wines and beers). Post office counter with anti-bandit screen (2 positions plus parcel hatch) etc.

Marking-up area at rear of shop
Staff cloakroom with w.c. and wash hand basin
Large stockroom with shelving

Location : Situated in a parade, sought after village residential area, WEST SUSSEX

Opening Hours : Monday & Tuesday - 6 a.m. - 6 p.m.
Wednesday - 6 a.m. - 7.30 p.m.
Thursday & Friday - 6 a.m. - 6 p.m.
Saturday - 6 p.m. - 7.30 p.m.
(Sub Post Office section hours of opening - Monday - Friday inclusive 8.30 a.m. - 5.30 p.m. Staurday opening - 9 a.m. - 12.30 p.m).

Turnover : WE ARE INFORMED the turnover averages £7,500/£8,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £2,500 p.w. Gross profit 24% approx. Post Office salary £52,000 p.a. approx. (including in the region of £6,000 receive in respect of the sale of on line national lottery tickets plus scratch cards).

Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £13,750 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,870 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The accommodation in the form of a SELF CONTAINED FLAT all in GOOD CONDITION and with ELECTRIC DIMPLEX HEATERS, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Office
Kitchen with fitted units

Staff : The Sub Post Office section is operated by the vendor's wife with the assitance of 1 full time assistant.
Retail shop operated by the vendor with the assistance of 1 staff.
10 morning newrounds. Delivery charge £1.50/£1.95 p.w.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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