Profitable Mainly Counter News, Confectionery, Tobacco, Greeting Cards, Stationery Slight Convenience Groceries, Off Licence | | Undisclosed Essex | | Situated in a parade, main road trading position, residential area with schools nearby, ESSEX | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 56460
ADVERT IMPRESSIONS : 10,758 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £49500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : SPACIOUS DOUBLE FRONTED SALES SHOP 800 sq. ft. approx. with lino floor, suspended ceiling with fluorescent lighting. The equipment includes counter, electronic cash register, 2 upright double door glass fronted drinks display fridges (including 1 on loan), 1 single door glass fronted drinks display fridge (on loan), modern shelving, 7 greeting card display stands with drawers etc.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Kitchen area
Location : Situated in a parade, main road trading position, residential area with schools nearby, ESSEX
Opening Hours : Monday - Saturday inclusive - 5.30 a.m. - 6 p.m.
Sunday opening - 5.30 a.m. - 2 p.m.
Turnover : WE ARE INFORMED the turnover averages £6,000/£6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,800 p.w. Gross profit 22% approx. In addition the business has Paypoint.
Tenure : We understand the premises are held on a new 12 years full repairing and insuring lease at a rental of £18,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,200 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£18,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The living accommodation over, which does require refurbishment, comprises:
2 Bedrooms (1 double, 1 small double)
Space for bathroom
Shower Room
Lounge
Kitchen (needs fitting)
Outside : Yard at rear with parking space for 2 cars
Staff : The business is at present operated by a husband and wife team with the assistance of their son on a part time basis plus 1 part time staff. As stated the business is mainly counter news, however, 1 small delivery round is undertaken. Delivery charge £1.25 p.w. | | | | | | FOR SALE | | | | | REFERENCE: | C7612 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
