Profitable Counter News, Confectionery, Tobacco, Greeting Cards, Ices, Soft Drinks. | | Undisclosed Herefordshire | | Situated in a parade, close to Banks, City Centre, HEREFORDSHIRE. | | ADVERT NUMBER : 60767
ADVERT IMPRESSIONS : 6,705 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £120000 | | | | | BUSINESS DETAILS: | Features : SINGLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, suspended ceiling with fluorescent lighting. The shop is well equipped including new counter, 2 electronic cash registers, 1 revolving greeting card display stand, 1-1.6m open cool display unit (on loan from Lucozade). 1 additional 1.6m open cool display unit (owned and used for milk, pies, pasties, etc.), ice cream deep freeze, CCTV system with 4 cameras, monitor, plus recording, etc.
Stockroom plus cigarette secure cupboard
Location : Situated in a parade, close to Banks, City Centre, HEREFORDSHIRE.
Opening Hours : Monday/Saturday incl. 8 a.m. - 6 p.m.
Sunday opening 9 a.m. - 3 p.m.
Turnover : WE ARE INFORMED the turnover averages £12,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £1,600 p.w. Gross profit 17.9% approx. In addition, the business is agents for the sale of online National Lottery tickets plus scratch cards and we understand this provides a commission of approx. £300 p.w. We are further advised that the business has Payzone providing additional further revenue.
Tenure : We understand the premises are held on a secure renewable lease for a period of 15 years from November, 2006 at a rental of £19,500 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.
Uniform business rates: £6,300 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £120,000 or near offer plus STOCK AT VALUATION (£15,000/£20,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Accommodation : The accommodation comprises:
First floor
Kitchen
Staff cloakroom with w.c. and wash hand basin plus 1 double room.
Second floor, 2 further rooms.
In our opinion, there is potential for the first and second floors to be used as living accommodation, subject to obtaining the necessary permission.
Staff : The business is at present operated by a lady vendor, with the assistance of 3 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
