Well Established Semi-detached News, Confectionery, Tobacco, Greeting Cards, Full Free Off Licence | | Undisclosed Kent | | Main road trading position, densely populated residential area, KENT. | | ADVERT NUMBER : 60894
ADVERT IMPRESSIONS : 12,613 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £59500 | | | | | BUSINESS DETAILS: | Features : This well established Newsagents with Off Licence has been in the same hands for the past 30 years and there are genuine reasons for sale.
SPACIOUS DOUBLE FRONTED SALES SHOP approx. 750/850 sq. ft. sales area with fluorescent lighting, counter, cash register, shelving, 2 centrel display gondolas, 3 upright double door glass fronted drinks display fridges (2 owned and 1 on loan from Coca Cola), 6 greeting card display stands with drawers plus corner greeting card display unit, magazine display shelving, ice cream deep freeze (owned).
It will be appreciated upon inspection that the shop, in our opinin, would benefit from modernisation and refitting.
Location : Main road trading position, densely populated residential area, KENT.
Opening Hours : Monday - Friday inclusive - 5 a.m. - 5 p.m.
Saturday opening - 5 a.m. - 3 p.m.
Sunday opening - 5 a.m. - 10.30 a.m.
It will be appreciated upon inspection that there is potential for additional opening hours.
Turnover : WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £2,500 p.w. Gross profit 20% approx.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £13,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £1,000 p.a. approx. (after small business relief)
PERSONALLY INSPECTED & HIGHLY RECOMMENDED
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation all in GOOD CONDITION, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Additional room (ideal as a kitchen, however, would require fitting)
Outside : Small garden
Staff : At present operated by a husband and wife team and no staff are employed. 4 morning newsboys plus 3 delivery persons, delivering by car. In addition there is 1 person employed to assist in the marking up of papers. Delivery charge £1.15/£2 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
