Old Established Counter News, Confectionery, Tobacco, Greeting Cards, Stationery | | Undisclosed Hampshire | | Situated in a parade, densely populated residential area, HAMPSHIRE | | ADVERT NUMBER : 56530
ADVERT IMPRESSIONS : 18,604 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £69000 | | | | | BUSINESS DETAILS: | Features : Lay-by in front of parade providing customers car parking
DOUBLE FRONTED SALES SHOP approx. 500 sq. ft. sales area with tiled floor, fluorescent lighting. Air Conditioning. The equipment includes counter, electronic cash register, open dairy display unit, 1 upright single door drinks display fridge (on loan from Coca Cola), 2 ice cream deep freezes (owned), 2 greeting card display stands with drawers plus corner greeting card display section, slats to walls, modern shelving, CCTV system with 2 cameras, 2 monitors plus recording.
Office with kitchen area
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, densely populated residential area, HAMPSHIRE
Opening Hours : Monday - Friday inclusive - 6 a.m. - 6 p.m.
Saturday opening - 6.30 a.m. - 6.30 p.m.
Sunday - 7.30 a.m. - 12.30 p.m. only
Turnover : WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands and especially with the introduction of newspaper deliveries. Wholesale newsbill £300 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 approximately £180 p.w.
Tenure : We understand the premises are held on a secure renewable Council lease, the present lease having approximately 7 years unexpired at a rental of £11,500 p.a. exclusive of rates up to November, 2011, with rent review at that time and thereafter every 3 years.
Uniform Business Rates: £1,490 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,000 plus STOCK AT VALUATION (£8,000/£9,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED MAISONETTE over is at present let on a shorthold tenancy and provides a rental income of £300 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:
3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, wash hand basin
Separate w.c.
Large Lounge
Fully Fitted Kitchen
First Floor Balcony at rear
Outside : Yard with parking space plus garage
Staff : The business is at present operated by a lady vendor with the assistance of 3 part time staff. 2 small evening newsrounds. Delivery charge £1 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
