Profitable Well Fitted Freehold News, Confectionery, Tobacco, Greeting Cards, Convenience Groceries, Full Free Off Licence, On Line National Lottery | | Undisclosed Hampshire | | Situated end of parade of 5 shops, sought after residential area, with 2 schools nearby, HAMPSHIRE | | ADVERT NUMBER : 60722
ADVERT IMPRESSIONS : 13,240 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £260000 | | | | | BUSINESS DETAILS: | Features : No Parking Problems
SPACIOUS SINGLE FRONTED SALES SHOP with double door, electric shutters, tiled floor, suspended ceiling with concealed lighting and well equipped including centre display gondola, modern adjustable shelving, 3-tier ice cream display deep freeze (owned), 3 upright double door glass fronted drinks display fridges (1 on loan from Pepsi Cola whilst the other 2 are on loan from Lucozade), counter, 1 till with scanning, 2 greeting card display stands with drawers plus 1 corner card display unit. CCTV system with 4 cameras, monitor plus video recording.
Small kitchen with sink
Staff cloakroom with w.c. and wash hand basin
To the rear of the property is a small outside store. In addition at rear is a garage rented at £40 per month for storage purposes.
Location : Situated end of parade of 5 shops, sought after residential area, with 2 schools nearby, HAMPSHIRE
Opening Hours : Monday - Saturday inclusive - 5.30 a.m. - 7 p.m.
Sunday opening 5.30 a.m. - 12 noon only
Turnover : WE ARE INFORMED the turnover averages £8,000 p.w. in our opinion offering further potential to increase in the right hands. We understand the Off Licence was introduced in October, 2008 and in our opinion there is terrific potential for the sale of wines, beers and spirits to be improved, especially with evening opening. Wholesale newsbill £3,000 p.w. Gross profit 24% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approximately £110 p.w. The business also has Payzone. We are further advised that the sales year ending 31st March, 2010 showed £443,650 with a gross profit of £83,260 including commission in respect of on line national lottery.
Tenure : PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Uniform Business Rates: £1,600 p.a. approx.
Price : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £260,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Staff : The business is at present operated by the vendor's wife, whilst the vendor continues in full time employment. Staff employed 1 full time and 2 part time staff. 9 morning newsrounds. 9 afternoon newrounds. Delivery charge 70p p.w. increasing to a maximum of £3 p.w. in respect of deliveries to a hotel and some other businesses. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
