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Related Ads > Surrey Business for Sale > Leasehold Newsagents to Rent > Newsagents in Surrey for Sale 

Old Established News, Confectionery, Tobacco, Convenience Groceries, Full Free Off Licence Plus On Line National Lottery

Undisclosed Surrey
End of a parade of 3 shops, residential area with the advantage of 3 schools nearby, SURREY
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 56322
ADVERT IMPRESSIONS : 5,436 TIME(S)

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

LEASEHOLD:

£95000
 

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BUSINESS DETAILS:

Features : Forecourt to attractive DOUBLE FRONTED SALES SHOP approx. 600 sq. ft. sales area with counter. Air conditioning/heating unit. Counter, till with EPOS scanning system, 2 upright glass fronted drinks display fridges, 1-2m open cool display unit, ice cream deep freeze (owned), small glass fronted fridge, 2 greeting card display stands with drawers under, modern adjustable shelving, hot drinks self service machine (owned), slush machine (on loan), centre display gondola. CCTV system with 6 cameras, 3 monitors plus recording.

It will be appreciated upon inspection that there is potential to enlarge the shop into the dining room at rear, if desired.

Location : End of a parade of 3 shops, residential area with the advantage of 3 schools nearby, SURREY

Opening Hours : Monday - Friday inclusive - 6 a.m. - 7.30 p.m.
With the exception of Monday evening when the business closes at 7 p.m.
Saturday opening - 7 a.m. - 7.30 p.m.
Sunday opening - 7 a.m. - 1 p.m.

Turnover : WE ARE INFORMED the turnover averages £5,500/£5,600 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £600 p.w. We are further advised that the sales year ending 31st October, 2009 showed £266,127 plus commission of £5,515 providing total sales of £271,642 with a gross profit of £74,903. We understand the business is also a Moneygram Agent. In addition there is an external ATM machine.

Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £2,700 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Accommodation : The SPACIOUS living accommodation all in GOOD CONDITION, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms (1) 12' x 11' approx. with fitted wardrobes (2) 13' x9' approx.
Fully tiled bathroom with bath, shower over bath, w.c. and wash hand basin
Large lounge approx. 24' x 11'

Ground Floor
Dining room
Fully fitted kitchen

In addition there is a large integral garage, utilized for storage

Outside : Small courtyard with flower borders plus paved area providing car parking space

Staff : The business is at present operated by the vendor's wife with the assistance of her husband on a part time basis. 4 morning newsrounds. Delivery charge £1.90/£4 p.w.
   
  FOR SALE
   

REFERENCE:

C7609 / RightBiz
   
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