Profitable News, Confectionery, Tobacco, Greeting Cards, Stationery, Ices, Soft Drinks Slight Convenience Groceries Plus On Line National Lottery | | Undisclosed Suffolk | | Excellent main road trading position, close to historic town centre just 10 minutes walking distance, SUFFOLK | | ADVERT NUMBER : 60911
ADVERT IMPRESSIONS : 15,572 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £65000 | | | | | BUSINESS DETAILS: | Features : Well known shop for over 50 years, we are advised that the previous owner and their family have owned the business since 1936.
No Parking Problems. Layby in front of shop providing parking for 3/4 cars
IMPRESSIVE & SPACIOUS SALES SHOP newly carpeted, suspended ceiling with fluorescent lighting. The equipment includes counter, 1 till with scanning, 1 open cool display unit (on loan from Coca Cola and used for soft drinks), 1 additional open cool display unit (owned and used for milk and sandwiches), 8 greeting card display stands with drawers, magazine display shelving, modern adjustable shelving. Full EPOS CTN approved computerised scanning till and news system in place.
Kitchenette
Staff cloakroom with w.c. and wash hand basin
Strongroom for cigarettes
Large warehouse at rear with shower and w.c. The vendor feels this has potential to develop into accommodation, subject to obtaining the necessary planning permission.
Location : Excellent main road trading position, close to historic town centre just 10 minutes walking distance, SUFFOLK
Opening Hours : Monday - Friday inclusive - 5.30 a.m. - 6 p.m.
Saturday opening - 6 a.m. - 6 p.m.
Sunday opening - 6 a.m. - 12 noon
Turnover : WE ARE INFORMED the turnover averages £6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £2,100 p.w. Gross profit 24% 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 approx. £95/£100 p.w. We are further advised that the sales year ending March, 2010 showed in the region of £320,000 net of VAT.
Tenure : We understand the premises are held on a new 15 years lease from March, 2010 at a rental of £6,000 p.a. exclusive of rates up to March, 2013, with rent review at that time and therefter every 3 years.
Uniform Business Rates: £3,400 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£2,000 approx + news accounts)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated by a husband and wife team and no staff are employed. 8 morning newsrounds. 8 afternoon newsrounds. Delivery charge £1.25/£1.75 p.w. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
