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Related Ads > Surrey Business for Sale > Newsagents to Lease > Newsagents in Surrey for Sale 

Profitable Counter News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free Off Licence, With Sub Post Office.

Undisclosed Surrey
Situated in a parade, unopposed trading position, residential area, SURREY.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 60589
ADVERT IMPRESSIONS : 3,854 TIME(S)

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

LEASEHOLD:

£130000
 

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BUSINESS DETAILS:

Features : No parking restrictions.

SPACIOUS SALES SHOP in the region of 750 sq. ft. sales area with lino floor, suspended ceiling with concealed lighting and fully equipped including modern adjustable shelving, 1 double door dairy display unit, 2 double door glass fronted display fridges (owned 1 used for beers and wines whilst the other is used for soft drinks), modern adjustable shelving, counter, till with EPOS scanning system. Combination Post Office counter with 1 position. CCTV system with 6 cameras, monitor plus DVD recording etc.

Location : Situated in a parade, unopposed trading position, residential area, SURREY.

Opening Hours : Retail Shop
Monday - Saturday inclusive - 6.30 a.m. - 7.30 p.m.
Sunday opening - 8 a.m. - 1 p.m.

Sub Post Office Section
Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Halfday Saturday closing at 12.30 p.m.
NO SUNDAY TRADING

Turnover : WE ARE INFORMED the turnover averages £6,000/£7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £500 p.w. Gross profit 24% approx. Post Office Salary £24,000 p.a. approx.

Tenure : We understand the premises are held on a secure renewable the present lease having approximately 14 years unexpired at a rental of £16,500 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £1,200 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION.

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Accommodation : The accommodation, all in GOOD CONDITION, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of £800 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

First Floor
3 bedrooms (2 doubles, 1 single)
Bathroom with bath, w.c. and wash hand basin

Ground floor
Lounge
Kitchen
Additional bathroom with bath, w.c. and wash hand basin

Staff : The business is at present mainly staff operated with 1 full time manager employed.
   
  FOR SALE
   

REFERENCE:

C7640 / RightBiz
   
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