Modern News, Confectionery, Tobacco, Greeting Cards, Stationery, Convenience Groceries Plus On Line National Lottery | | Undisclosed Buckinghamshire | | This attractive shop is situated in a sought after position overlooking square plus adjacent to large Lake, sought after residential area, BUCKINGHAMSHIRE | | ADVERT NUMBER : 60629
ADVERT IMPRESSIONS : 13,198 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £67500 | | | | | BUSINESS DETAILS: | Features : Large Free Car Park for approx. 100 cars adjacent to this attractive square which is situated in a sought after residential area. We understand that the area attracts many visitors during the summer months.
DOUBLE FRONTED SALES SHOP approx. 700 sq. ft. sales area with tiled floor, suspended ceiling with concealed lighting and fully equipped including 2 greeting card display stands with drawers, magazine display shelving, modern adjustable shelving, centre display gondola, curved glass topped ice cream deep freeze, large glass sliding topped display deep freeze, approx. 2m open cool display unit (used for sandwiches and soft drinks), 1 upright double door glass fronted drinks display fridge (on loan), small glass fronted display fridge (on loan from Red Bull), hot drinks machine, counter, scanning with till, cigarette gantry (on loan).
Small stockroom with chest deep freeze
Staff cloakroom with w.c. and wash hand basin
Location : This attractive shop is situated in a sought after position overlooking square plus adjacent to large Lake, sought after residential area, BUCKINGHAMSHIRE
Opening Hours : Monday & Tuesday - 7 a.m. - 7 p.m.
Wednesday - 7 a.m. - 7.30 p.m.
Thursday & Friday - 7 a.m. - 7 p.m.
Saturday opening - 7 a.m. - 7.30 p.m.
Sunday opening - 7 a.m. - 7 p.m.
Turnover : WE ARE INFORMED the turnover averages £5,500/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £800/£1,000 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a further income of approximately £100 p.w. The business also has Payzone and we understand this provides a further commission of approx. £50 per month.
Tenure : We understand the vendors own the long leasehold property and are prepared to grant, subject to satisfactory references, a new 15 years full repairing and insuring under-lease at a rental of £11,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. (We understand in addition there is a service charge currently of approximately £3,500 p.a. which we understand includes building insurance, outside lighting and general maintenance to the car park and square area).
Uniform Business Rates: £2,500 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 15 YEARS AND THERE ARE GENUINE REASONS FOR SALE
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE NEW UNDER-LEASE, GOODWILL, FIXTURES & FITTINGS £67,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Rear parking for 1 car, however, we understand there are no parking problems
Staff : The business is at present operated by 2 partners with the assistance of 2 part time staff. 3 morning news boys. Delivery charge £1.60 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
