Profitable Old Established News, Confectionery, Tobacco, Greeting Cards, Stationery | | Undisclosed Buckinghamshire | | Situated in a parade, busy road, residential area, BUCKINGHAMSHIRE | | ADVERT NUMBER : 56511
ADVERT IMPRESSIONS : 15,957 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £97500 | | | | | BUSINESS DETAILS: | Features : ATTRACTIVE DOUBLE FRONTED MEDIUM SIZED SALES SHOP with carpet tiled floor, fluorescent lighting. Fully equipped including counter, 2 tills with EPOS scanning system, 5 greeting card display stands with drawers, 2 ice cream deep freezes, 4 single door glass fronted drinks display fridges (2 owned and 2 on loan).
2 Stockrooms plus area used for the marking up of newspapers
Office
Location : Situated in a parade, busy road, residential area, BUCKINGHAMSHIRE
Opening Hours : Monday - Saturday inclusive - 6 a.m. - 5 p.m.
Sunday opening - 7 a.m. - 12 noon
Turnover : WE ARE INFORMED the turnover averages £8,000/£8,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £3,500 p.w. Gross profit 31% approx. In addition the business has Payzone and we understand this provides a further revenue of approx. £20 p.w. We are further advised that the trading and profit and loss accounts for the period 7th September, 2008 to the 30th September, 2009 showed sales of £343,189 with a gross profit of £107,864.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 7½ years unexpired at a rental of £18,500 p.a. exclusive of rates for the next 2½ years, with rent to be agreed thereafter.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 o.n.o. plus STOCK AT VALUATION (£7,000 approx. plus news accounts in the region of £8,000)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation all recently refurbished and with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Bedrooms (2 doubles, 1 single)
Shower room with shower, w.c. and wash hand basin (newly fitted approx. 18 months ago)
Large Lounge approx. 15' x 10'
New Fully fitted kitchen (approx. 18 monts ago)
Outside : Medium sized garden with flower borders
Garage plus parking space
Staff : The business is at present managed by the vendor's wife and mainly staff run with 3 part time staff. 16 morning newsrounds. Delivery charge £1.50/£2 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
